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

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.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Benzinga neuro Stories That Matter Media Consumer Tech Benzinga News Tech META Social Media Threads

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 08:01:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23582239

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 17 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions