Mark Zuckerberg's Meta Eyes 2025 To Introduce Ads On Threads As Elon Musk's X Loses Favor With Major Brands: Report

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Mark Zuckerberg's Meta Eyes 2025 To Introduce Ads On Threads As Elon Musk's X Loses Favor With Major Brands: Report - Benzinga

Quick Summary:

What Happened: Meta is set to allow a limited number of advertisers to create and publish ads on Threads starting January 2024, reported The Information, citing people familiar with the matter.

Mark Zuckerberg’s Meta Platforms Inc. (NASDAQ:META) is reportedly planning to introduce ads on its Threads platform in early 2025 as Elon Musk’s X is losing favor with major brands.

Data compiled by Statista shows that Threads’ monthly active users stood at 175 million at the end of the June 2024 quarter, up from 150 million in the quarter before.