Meta’s Twitter Clone “Threads” Won’t Launch In EU

Bloomberg News reports:

Meta Platforms Inc.’s Threads app — the social network rolling out this week to take on Twitter Inc. — won’t be offered in the European Union as the company works out how data sharing between the new platform and its Instagram app will be regulated.

Meta is waiting for more guidance around the Digital Markets Act, new EU competition rules that govern how large online platforms use their market power.

Threads is designed to let users follow the same accounts they’ve connected with on Instagram and keep their Instagram usernames, helping the social media giant leverage its billions of users to quickly gain scale.

Read the full article. Threads launches in the US tomorrow.

Meta’s Threads app — the social network rolling out this week to take on Twitter — won’t be offered in the EU at launch as the company works out how to regulate data sharing https://t.co/eG5N0ZYfy9

— Bloomberg (@business) July 5, 2023