Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
Share:
More In Business
Seabound Wants to End Commercial Shipping Emissions
Alisha Fredriksson, CEO and co-founder of Seabound, discusses the carbon capture company’s successful maiden voyage and its plans for growth.
Where Does Spotify Go From Here?
Seth Schachner, Managing Director at StratAmericas, weighs in on Spotify earnings and why that headline-grabbing deal with Joe Rogan could be worth that $250 million.
Advice to Investors: ‘Stay the Course,’ Don’t ‘Freak Out’
Mitch Roschelle, Managing Director at Madison Ventures, shares why investors may be waiting longer than expected for those interest rate cuts, and why he’s watching tech, oil, and homebuilder stocks.
Amazon Prime Video's Next Moves: More Sports, More Ads
Amazon saw 24% growth in their Thursday Night Football audience in 2023. Subscribers will be rewarded with even more sports, but not without enduring more ads — unless they pay extra, of course.
These Companies Cut Jobs in 2024 Despite Buzzing Economy
Low unemployment + 350 thousand new jobs in January = ...more layoffs? A bunch of tech and retail companies have laid and are laying off employees after a nationwide hiring surge during the pandemic.
Don't Say Trade: Disney Asks Judge for Confidentiality in DeSantis Appointee Lawsuit
The most magical place on Earth wants a protective order to keep Gov. Ron DeSantis' appointees from knowing how the magic happens. A federal judge dismissed a separate Disney lawsuit last week.
Here's What You Need to Know About Passive Homes
Yes, the eco-friendly homes from "The Curse" are real — and a lot more practical than you might think.
Why Joe Pompliano Will Be Watching the Grass on Super Bowl Sunday
Just days before the 49ers and Chiefs play in Las Vegas, Joe Pompliano, Investor at Pomp Investments and author of the Huddle Up Newsletter, discusses why he thinks this could be the most-watched Super Bowl in history.
Taking a ‘Well-Rounded’ Look at the Economy
Chris Versace of Tematica Research LLC shares his thoughts on Jerome Powell's latest comments, the timing of those crucial rate cuts, and what semiconductor stocks he's watching closely.
