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Elon Musk Vs. Mark Zuckerberg - Twitter Sues Meta · Elon Musk Podcast

• 0:00
  Hi everybody and welcome to another episode of the Elon Musk
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  Podcast where we explore the dynamic and every evolving tech
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  world orbiting around Elon Musk. And in today's episode we're
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  delving into the recent face off between social media behemoths
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  Twitter and Meta, initiated by the launch of Meta's new text
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  based app Threads, that's seen by many as a direct rival to
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  Musk's Twitter. Now tensions have escalated as
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  Twitter threatens legal action against Meta, alleging the
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  illicit use of its trade secrets in intellectual property.
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  In the creation of threads, Twitter accuses Meta of
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  employing former Twitter personnel in developing this new
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  platform, a claim that Meta denies now with must comment,
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  that competition is fine. Cheating is not adding fuel to
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  the fire. And the broader impact this
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  controversy might have on the social media landscape.
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  We find ourselves in the epicenter of a fascinating
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  digital duel. Now stay tuned as we get into
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  this, but first, let's hear from our sponsors.
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  Welcome back, everybody. In a development that
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  intensifies the battle in this social media realm, Twitter has
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  hinted at legal action against meta.
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  Previously Facebook, Mark Zuckerberg's company, over its
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  new text based application threads.
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  Twitter alleges that Meta has unlawfully utilized its trade
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  secrets and intellectual property in the creation of
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  threads, which amassed 10s of millions of users within a week
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  of its launch. And the new app, billed as a
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  text based version of Instagram, positions itself as a direct
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  competitor. The Elon Musk's social media
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  platform Twitter and its debut appears to be stirring a little
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  bit of controversy now. The legal threat came to light
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  on Wednesday in a letter addressed to Mark Zuckerberg.
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  The CEO of Meta A letter written by Alex Spiro, a lawyer
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  representing Twitter, accuses Meta of recruiting former
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  Twitter employees to develop a Quote copycat app.
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  We reached out to Spiro on Thursday for additional details
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  on the potential lawsuit, but we received an automated response
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  from Twitter with a poop emoji and the company's standard
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  procedure when journalists seek comments.
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  The development marks an escalation of tensions between
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  the two social media powerhouses.
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  Twitter's challenge comes after the introduction of Threads on
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  Wednesday, an app that is rapidly attracting users
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  dissatisfied with the recent changes to Twitter, Elon Musk,
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  who acquired Twitter last year for a staggering $44 billion,
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  had made significant modifications to the platform
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  that have been broadly unpopular among the user community.
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  Threads development team is said to be devoid of former Twitter
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  employees, Appoint meta, spokesperson Andy Stone
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  emphasized in the Thursday post on Threads.
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  No one on the Threads engineering team is a former
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  Twitter employee. That's just not a thing, Stone
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  wrote. However, in the letter, first
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  reported by news website 74 on Thursday, Spiro pointed out that
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  Twitter intends to firmly enforce its intellectual
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  property rights. The company could seek civil
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  remedies or a court injunction. It also informed Meta that this
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  letter serves as a formal notice to preserve any documents that
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  could be relevant to a potential dispute between the two
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  companies. And in response to a tweet about
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  the looming possibility of a lawsuit against Meta, Elon Musk
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  stated competition is fine, cheating is not.
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  Twitter CEO Linda Yoncarino has yet to comment publicly on the
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  letter. She seemingly addressed the
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  launch of Threads and Twitter. We are often imitated, but the
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  Twitter community can never be duplicated, she posted.
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  Now, analysts suggest that Meta's new platform could
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  present significant challenges for Twitter.
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  A launch of threads generated considerable excitement.
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  Has reflected in its impressive download figures thus far.
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  However, industry experts caution that the app success is
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  not guaranteed wanting to metas history of launching standalone
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  apps only to close them down a little bit later.
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  They also highlight the threads is still in its infancy, it's
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  just a few days old. Beyond some glitches and
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  complaints about missing features, Metas latest product
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  has raised concerns over data privacy and although Threads has
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  been launched in over 100 countries, it remains
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  unavailable in the European Union.
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  Where data privacy rules are notoriously stringent, and hours
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  before the anticipated launch of Threads, Blue Sky, another rival
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  to Twitter, announced its first paid service and additional
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  funding. The company revealed in a blog
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  post on Wednesday that it secured seed funding amounting
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  to $8 million this summer. The funding run was led by NEO
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  with participation from a variety of Angel investors, and
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  the resources will be utilized to expand Blue Skies team.
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  Manage infrastructure costs and further develop the AT protocol
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  that powers the Blue Sky app. Interestingly, the decentralized
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  social network protocol the Blue Sky has been working on presents
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  an alternative to Activity Pub, the protocol that powers
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  Mastodon and Metas Threads app. Blue Sky also expressed its
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  commitment to generating revenue, making it clear that
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  the company will experiment with various strategies and services
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  to provide value to its users, building a sustainable social
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  network. The first of Blue Skies paid
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  services will be custom domains to be offered in partnership
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  with popular domain registrar Name Cheap.
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  More than 13,000 of Blue Skies 100,000 plus users have already
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  set a custom domain as their handle, and the new service aims
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  to simplify this process. Despite its progress, Blue Sky
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  has faced criticism from some community members over its
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  approach to decentralization and moderation, particularly in
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  response to hate speech. These complaints may drive users
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  away from the app. Potentially increasing the user
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  base of other platforms, including possibly Threads.
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  Overall, the competition in the social media landscape appears
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  to be heating up, with tensions between Twitter and Meta
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  reaching new heights over the debut of Threads as Twitter
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  considers legal action against Meta.
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  Industry watchers are watching this battle Royale, so to speak,
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  and we'll be bringing you every single moment of it right here
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  on the show, every single day of the week.
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  So thank you so much for listening today.
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  I appreciate it if you're a Threads user.
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  Check us out over on Threads. We have Stage Zero Studio over
• 6:07
  there, so please add us there. You'll get more information
• 6:10
  about what we're all about and also our other podcasts.
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  So please add us over there. It's very cool.
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  I've been using the app and I actually like it a lot.
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  Very slimmed down compared to Twitter in the video, Very clear
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  when you watch videos on there. So thank you so much for going
• 6:26
  over there and following us on threads as well.
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  And also thanks for listening to the show you can.
• 6:32
  Take a second, hit the subscribe or follow button on whatever
• 6:34
  podcast latform that you're on right now.
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  Really do appreciate it. It hels out the show
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  tremendously. Thanks again.
• 6:39
  Take care of yourselves and each other and I'll see you in the
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  next one.