Threads reaches 150 million daily users and is ramping up ads

Threads has grown to 150 million daily active users. Mark Zuckerberg shared the latest milestone for the company’s text-based app during Meta’s third-quarter earnings call. The company previously reported in August that Threads had reached more than 400 million monthly users. Zuckerberg, who has mused that Threads could become Meta’s next billion-person app, said that … Read more

GM will cut more than 1,700 jobs in EV and battery manufacturing

General Motors announced that it will cut more than 1,700 manufacturing jobs in reaction to changes in the electric vehicle market. “In response to slower near-term EV adoption and an evolving regulatory environment, General Motors is realigning EV capacity,” the company said in a statement reported by CNBC. “Despite these changes, GM remains committed to … Read more

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