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Threads is sinking while X hits record users

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In a recent update, entrepreneur Elon Musk proudly announced that his rebranded social media platform, X, has achieved a record-breaking number of monthly users.

According to Musk, X now boasts a staggering 541,562,214 monthly users as of July, an impressive feat considering the removal of numerous bots that plagued the platform. This accomplishment comes after Musk acquired the app, formerly known as Twitter, for a substantial $44 billion last year.

In contrast, rival Mark Zuckerberg’s Threads, touted as a potential “Twitter-killer” app, has faced significant challenges. Despite attracting over 100 million users in the initial week after its launch, interest in Threads plummeted due to a lack of engaging features. Meta, Zuckerberg’s company, is now racing to add more retention-driving hooks and features to retain its user base and recover from the 11% dip in traffic.

Musk’s revamp of the social media platform involved scrapping the previous management’s content moderation guidelines and restoring accounts, including former President Donald Trump’s, which had been subject to restrictions. Additionally, Musk appointed Linda Yaccarino as CEO to win back advertisers who were deterred by the platform’s past management.

While Musk’s success with X is evident, Zuckerberg faces an uphill battle in maintaining the interest of his users. With both tech titans vying for dominance in the social media landscape, the competition between X and Threads promises to be a captivating spectacle in the months to come.

 

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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