<story><title>Meta Reports First Quarter 2024 Results</title><url>https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-First-Quarter-2024-Results/default.aspx</url></story><parent_chain><item><author>threeseed</author><text>Threads has also now rapidly grown to 150m MAU with higher DAU than X.&lt;p&gt;It&amp;#x27;s an incredible achievement to bootstrap a social network to the leader in its category in less than a year. And it demonstrates the power of Facebook and Instagram in being able to drive traffic.&lt;p&gt;It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can easily do it.</text></item></parent_chain><comment><author>acchow</author><text>&amp;gt; It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can easily do it.&lt;p&gt;They already did. It&amp;#x27;s called Reels.</text></comment>
<story><title>Meta Reports First Quarter 2024 Results</title><url>https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-First-Quarter-2024-Results/default.aspx</url></story><parent_chain><item><author>threeseed</author><text>Threads has also now rapidly grown to 150m MAU with higher DAU than X.&lt;p&gt;It&amp;#x27;s an incredible achievement to bootstrap a social network to the leader in its category in less than a year. And it demonstrates the power of Facebook and Instagram in being able to drive traffic.&lt;p&gt;It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can easily do it.</text></item></parent_chain><comment><author>mhh__</author><text>The scaling aspect is indeed impressive but I have not seen anyone (exactly zero) that I want to follow on threads.&lt;p&gt;I want smart people and weird but interesting schizos, not my &amp;quot;friends&amp;quot; from Instagram and Facebook. I mostly like those friends but I know their opinions on most things already for example.&lt;p&gt;Also unless one is being particularly pedantic he already has the only tiktok competitor (Instagram reels).</text></comment>