FILE - A Twitter app icon on a mobile phone is displayed April 26, 2017, in Philadelphia. Meta is poised to launch a new app that appears to mimic Twitter, marking a direct challenge to the social media platform owned by billionaire Elon Musk.
A listing for the app, called Threads, appeared on Apples App Store, indicating it would debut as early as Thursday, July 6, 2023. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to 50% drop in advertising revenue plus heavy debt load.”Ever since he
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