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Meta Launches Twitter Competitor “Threads”; Canada Blocks Facebook and Instagram Ads

HeadlineJul 06, 2023

In more technology news, Meta, the parent company of Facebook and Instagram, has officially launched a rival social media platform to Twitter, which has been struggling to retain users and advertisers since its purchase by billionaire Elon Musk last October. In the latest in a series of unpopular moves, Musk said over the weekend Twitter will begin limiting the number of tweets its users would be able to view per day unless they pay for premium service.

Meanwhile, Canada’s government says it has halted all advertising on Facebook and Instagram, after Meta moved to restrict news content across Canada. Meta’s move came after Canadian lawmakers approved the Online News Act, which will require tech companies to pay news outlets for posting their content on their platforms. Google’s parent company, Alphabet, has also removed Canadian news articles from search results after calling the new law “unworkable.”

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