Meta, the parent company of Facebook, recently launched a new app called Threads. This app is aimed at competing with Twitter, providing users with a platform to share their thoughts, connect with others, and engage in conversations. But the question arises: who exactly owns Threads app?
Meta: The Parent Company
To understand the ownership of Threads, it’s important to first understand the parent company behind it. Meta, formerly known as Facebook, underwent a rebranding with a vision to build a “metaverse” and focus on the development of virtual reality and augmented reality technologies. As a result, Threads app falls under the ownership of Meta.
Privately Owned by Meta
As of now, Threads app is entirely owned by Meta. The app is part of the company’s broader strategy to diversify its social media offerings and provide users with different platforms to express themselves. With Threads, Meta aims to offer an alternative to Twitter, where users can engage in short-form content and connect with others who share similar interests.
While Meta currently owns Threads app, it’s worth noting that ownership can change over time. In the tech industry, acquisitions and mergers are common, and we might see such changes in the future as well. Nevertheless, for now, Meta holds full ownership of Threads app.
Threads app, developed and launched by Meta, is the new competitor to Twitter. As of now, Meta completely owns the app, aligning with its vision of building a metaverse and expanding its social media offerings. It will be interesting to see how Threads app evolves and competes in the ever-changing landscape of social media.