Instagram has about 100 million monthly users: Zuckerberg

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San Francisco. Meta founder and CEO Mark Zuckerberg has announced that Instagram’s Threads has reached nearly 100 million monthly users. During the company’s quarterly earnings call late Wednesday, Zuckerberg said, “We’re three months in now, and I’m very pleased with the progress.”

“I’ve long thought that having a public conversation app for a billion people would be a little more positive,” he told analysts. He said that if we keep at it for a few more years, “then I think we have a good chance of achieving the goal.”

Meta launched Threads in July as a Twitter competitor, but it soon lost momentum and began losing users due to its lack of Twitter-like features.

“Threads also remains an attractive long-term opportunity, and we’re excited to build on the strong product momentum next year,” said Meta CFO Susan Lee.

Earlier this month, Instagram head Adam Mosseri said that Threads would not promote news on the platform. In a post on Threads, Mosseri said that they are not anti-news and that news clearly already belongs on Threads.

“People can share news; People can follow accounts that share news. We are not going to come in anyone’s way. But, we also won’t promote news on the platform.” However, if Threads does not post news on its platform, it will never be a substitute for X.

–IANS

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