X Has Bad Timing With Tech Issues Thursday After Rival Threads Reports 100M Users: Inside The Struggles Of Elon Musk's Company In 2023
Meta Platforms reported strong user figures for its Threads platform, an alternative of X, formerly known as Twitter.
X suffered problems of its own Thursday with the platform having major issues for users.
X suffered problems of its own Thursday with the platform having major issues for users.
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00:00 [MUSIC]
00:05 Meta platforms reported third quarter financial results on Wednesday and
00:09 shared an update on its thread social media platform.
00:12 Many Twitter users were likely posting on Twitter,
00:15 now known as X Thursday morning in response to the potential Twitter killer.
00:20 There was just one problem.
00:22 Most of the tweets weren't visible.
00:24 On Thursday, X users reported problems with the platform,
00:28 with many people unable to see tweets made by accounts they follow when clicking on
00:31 individual profiles.
00:33 A look at down detector showed the highest level of issues reported was between 9am
00:38 ET and 10am ET, a key time for social media users interested in the stock market.
00:43 Benzinga independently verified the issues and
00:47 was unable to see posts made from several accounts.
00:49 And users were unable to view all the posts made by the Benzinga account.
00:54 The issue Thursday came after Meta Platform shared it had just under 100
00:58 million monthly active users on threads.
01:00 While this number is smaller than X,
01:02 it is also likely larger than many X users and Meta critics were expecting to hear.
01:06 Zuckerberg also said he believed threads could someday hit 1 billion users.
01:12 I think that if we keep at this for a few more years,
01:15 then I think we have a good chance of achieving our vision there, Zuckerberg said.
01:18 After suffering a drop in users, threads may have come roaring back and
01:23 could be seeing increased usage from users who have left X or
01:27 are upset at changes made by Musk.
01:28 There are also concerns over the number of advertisers who have left the platform,
01:34 an item that could continue with concerns over the spread of misinformation during
01:37 the recent Middle East conflict.
01:39 Get the full story now on Benzinga.com.
01:41 (upbeat music)