Linda Yacarino: Twitter has broken the daily usage record

Linda Yacarino, the CEO of Twitter, said that the social network has recorded the highest usage rate in the last few months. This happens while we recently saw the introduction of Meta Threads as a competitor to Twitter.. Threads is an Instagram-based social platform that, according to Meta CEO Mark Zuckerberg, has over 100 million users.

In response to the introduction of Trades, Yacarino said that the social network can be copied from Twitter, but the unique community of Twitter cannot be copied. Elon Musk also tweeted that Twitter may set a new record this week in terms of usage.

Now, the increase in Twitter usage has coincided with the expansion of Trades, Meta said Trades has created a new space for public conversation. The advantage of this platform is that it is connected with Instagram and also has a Twitter-like feed.

Twitter threatened to sue Meta last week, saying Meta had hired ex-Twitter employees who had access to the company’s highly confidential information. However, Meta has denied the allegations.

After the introduction of Trades, the value of Meta shares increased by 3% and since the beginning of 2023, the share price of this company has increased by more than 138%.

Source: under30ceo