Twitter has threatened authorized motion towards Meta over its new, text-based app referred to as Threads, in line with a letter obtained by Semafor.
In a Wednesday letter addressed to Meta CEO Mark Zuckerberg, Alex Spiro, an lawyer representing Twitter, accused Meta of unlawfully utilizing Twitter’s commerce secrets and techniques and different mental property by hiring former Twitter staff to create a “copycat” app.
Since launching Threads Wednesday evening, Meta’s new app has collected tens of hundreds of thousands of signal ups. The app, which was created by the corporate’s Instagram staff, arrives at a time when many are on the lookout for Twitter alternate options to flee Elon Musk’s raucous oversight of the platform since buying it final 12 months for $44 billion.
Meta spokesperson Andy Stone responded to the report of Spiro’s letter on Threads Thursday afternoon, writing, “no one on the Threads engineering team is a former Twitter employee — that’s just not a thing.”
US Treasury Secretary Janet Yellen visits China
Treasury Secretary Janet Yellen plans to inform Chinese officers that Washington desires wholesome financial competitors however will defend commerce curbs imposed by the U.S. on safety grounds. She additionally will categorical issues about Beijing’s export controls on metals utilized in semiconductors and photo voltaic panels, in line with a senior Treasury official who briefed reporters after Yellen arrived in Beijing as a part of efforts to revive strained relations. Treasury officers stated earlier she wouldn’t meet with Chinese chief Xi Jinping.
Source: www.bostonherald.com”