Dan Ives, Wedbush: "It will be difficult for Threads to achieve critical mass"

 As Mark Zuckerberg's Meta unveiled Threads, Instagram's new text app to compete with Twitter, Wedbush senior analyst Dan Ives believes it will be difficult for the new network to achieve "critical mass" as a viable rival to Elon Musk's network, recalling the ill-fated experiences of other platforms. He believes that the aim of the new service is to develop cross-fertilization opportunities between Meta's networks, particularly in advertising. 

https://www.marketscreener.com/news/latest/Dan-Ives-Wedbush-It-will-be-difficult-for-Threads-to-achieve-critical-mass--44281275/