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Meta Soars on Earnings, Plaid CEO Talks FinTech & Tesla Owners Sour on Musk

Bloomberg Tech

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Threads Launched After Q2

Threads launched after the quarter ended, so there was no impact to Q2 for threads. Mark Zuckerberg and Susan Lee very restrained about making money through that platform. They want to build an audience first before they start to monetize it. But they do think that there is room for a 1 billion user text-based communication app.

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