This chapter discusses the reasons behind the popularity of Meta's Threads app as an alternative to Twitter. It highlights the advantages of leveraging Meta's existing Instagram network, the frustrations some users have experienced, and the excitement surrounding the app's potential to create a habit among users for sharing news, thoughts, and memes.
Bloomberg News Big Tech Team Leader Sarah Frier reports on the launch of Meta Platforms’s new app Threads, designed as a direct rival to Twitter. David Auerbach, Managing Director at Armada ETF Advisors, discusses his firm's new real estate exchange traded fund. David Dindi, CEO of Atomic Invest, explains why he thinks fintech and brokerage firms are better than traditional banks. Bloomberg Law Senior Reporter David Hood talks about how anti-woke brands are fueling a parallel market for conservative shoppers. And we Drive to the Close with Cole Smead, President and Portfolio Manager at Smead Capital Management.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
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