Monday, April 28, 2025

Latest

Twitter Alleges Intellectual Property Theft by Meta Over New Threads App

Twitter has reportedly threatened Meta with legal action over its newly launched app, Threads. According to Semafor, the news outlet that published a cease-and desist letter written by Twitter’s legal representative, Twitter accuses Meta of illicitly appropriating its trade secrets and other intellectual property.

In the correspondence, Alex Spiro, acting on behalf of Twitter, claimed that Meta engaged in “systematic, willful and unlawful misappropriation” of Twitter’s proprietary information. Spiro demanded that Meta immediately halt the use of any of Twitter’s trade secrets or other confidential data.

“Over the past year, Meta has hired dozens of Twitter employees,” the letter continued. “Meta deliberately assigned these employees to develop, in a matter of months, Meta’s copycat ‘Threads’ app with the specific intent that they use Twitter’s trade secrets and other intellectual property in order to accelerate the development of Meta’s competing app, in violation of both state and federal laws as well as those employees’ ongoing obligations to Twitter.”

In response, Meta spokesperson Andy Stone made a post on Threads that says, “no one on the Threads engineering team is a former Twitter employee— that’s just not a thing.”

The controversy stems from Meta’s launch of Threads, a direct competitor to Twitter. The new app, which was rolled out across 100 nations, amassed 30 million sign-ups within a day of its introduction.

Information for this briefing was found via Semafor and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Bell Q3 Earnings: Massive Impairments. Guidance Cuts. A Mess.

Alamos Gold Q3: Record Revenue & Production Amid Rising Costs

The Junior Mining Market Is Back

Recommended

Germany Looks To Modernize Military Recruitment But Stops Short of Conscription

First Majestic Silver Posts Topline Revenue Of $146.1 Million In Q3 2024

Related News

“Twitter Will Not Take Yes For An Answer,” Says Elon Musk As He Attempts To Avoid Lawsuit

Twitter (NYSE: TWTR) and Elon Musk seemed to have yet again disagreed on the proposed...

Friday, October 7, 2022, 12:41:00 PM

Twitter: Market Looks To Be Pricing In A Reworked Deal Between $42 – $45 Range

On June 6, lawyers for Elon Musk sent a threatening letter to Twitter, Inc. (NYSE:...

Tuesday, June 7, 2022, 03:49:00 PM

Zuckerberg Boasts Threads Had 5 Million Downloads In The First 4 Hours… We’re One Of Them And Here’s What We Think

In a bid to attract users dissatisfied with recent changes made by owner Elon Musk,...

Thursday, July 6, 2023, 10:14:22 AM

Elon’s Twitter Takeover “Not About The Money”

Could any serious takeover of Twitter Inc. (NYSE: TWTR) ever be anything but hostile? Last...

Tuesday, April 19, 2022, 03:45:00 PM

Why NBCUniversal’s Linda Yaccarino Makes Sense As New Twitter CEO (But Only For Elon Musk)

NBCUniversal’s head of advertising, Linda Yaccarino, is reportedly in talks to become the new CEO...

Friday, May 12, 2023, 08:57:38 AM