As Meta Platforms Inc.’s META latest social media platform, Threads’ daily active user count continues to drop, Elon Musk has accused Mark Zuckerberg’s forum of committing a “cardinal sin.”
What Happened: Meta’s Threads entered the social media arena with much fanfare, quickly attracting over 100 million sign-ups in just five days.
However, the initial hype didn’t translate into long-term user retention, as the daily active user count witnessed a staggering 82% decline since its peak at 44 million users on launch day, reported CNN, citing data from Sensor Tower.
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