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Has Threads already become a serious threat to Twitter? It's starting to look like it, as the blue bird platform, now led by chairman Elon Musk and CEO Linda Yaccarino, has threatened legal action against Meta and the Instagram team's newly launched rival, claiming that the app was developed with "Twitter’s trade secrets and other intellectual property.” If Twitter's legal team is to be believed, Meta intentionally hired Twitter employees to exploit their knowledge for Threads, although Meta has already shot back and called the accusations baseless, stating that the team doesn't actually include any former Twitter employees. The drama comes less than a day after Zuckerberg announced on Threads that the platform had attracted 30 million sign-ups in its first few hours online.
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