Twitter is threatening to sue Meta over alleged trade secret theft related to Meta's new rival app, Threads. Twitter's lawyer, Alex Spiro, accused Meta of unlawfully misappropriating Twitter's trade secrets and intellectual property by hiring "dozens" of former employees. In a letter to Meta CEO Mark Zuckerberg Spiro claims that Meta hired ex-Twitter employees specifically to develop Threads, an app built by the Instagram team to share text updates. - He claims Meta tasked the employees with building a "copycat" app and used IP in the process.
- Spiro has demanded that Meta cease using any Twitter confidential information and also refrain from scraping Twitter's data.
Meta has denied the claims, saying that no former Twitter employees are on the Threads engineering team. - The move comes as Instagram's Threads skyrockets in popularity, soaring to over 70 million sign-ups since it launched late Wednesday.
- According to The New York Times, Threads became the most rapidly downloaded app ever, surpassing ChatGPT's record of 1 million downloads in five days.
- Threads users have now generated over 95 million posts and 190 million likes, based on internal company data.
- The app is tied to Instagram accounts, so users can create an account by logging in with their Instagram credentials.
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