UPDATE 1-Facebook's Instagram launches Snapchat-like “Threads” app

Facebook Inc said on Thursday it was launching a separate camera-first messaging app, “Threads”, for its photo-sharing platform Instagram, stepping up the company’s social media war with smaller rival Snapchat. Through Threads, users can upload status, share location and battery status with their close friends on Instagram, the social media company said in a blog https://newsroom.fb.com/news/2019/10/privacy-matters-threads post. Facebook has been focusing on Instagram, its fastest-growing revenue generator, as its core platform has been under scrutiny from regulators regarding privacy and spread of misinformation or fake news. …read more

Source:: Yahoo Finance

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