In 2021, Twitter posted revenue of $5 billion.
The company was bought by businessman Elon Musk.
Meta’s revenues were approximately $117 billion.
This week one of the most talked about competitions was recorded in the technology industry in the world. All this with the launch of the new Meta social network, which has generated endless interactions and now, according to information, Twitter could sue Mark Zuckerberg for Threads.
This Thursday, according to information obtained exclusively by Semafor, it was revealed that Twitter’s lawyer, Alex Spiro, made it clear that the company is determined to rigorously protect its intellectual property rights.
It is expressed that in the letter, the Twitter social network requires Meta to take immediate measures to stop using any commercial secret of the social network or other highly confidential information.
“Twitter reserves all rights, including, but not limited to, the right to seek both civil remedies and injunctive relief without notice to prevent any further retention, disclosure, or use of its intellectual property by Meta,” it reads. warns in the document.
Meta hired former Twitter employees for Threads
Likewise, the US media point out that lawyer Spiro accuses Meta of having hired a considerable number of former Twitter employees, who, according to him, still have access to the company’s trade secrets and other highly confidential information.
The lawyer also stipulated that, “Meta would have assigned these employees the task of developing the Threads app, with the intent of using Twitter’s trade secrets and intellectual property for the benefit of Meta and the advancement of its direct competitor.”
With all that, he maintains that this alleged conduct by Meta violates both state and federal laws, as well as the continuing obligations that employees owed to them as a company.
All this panorama is recorded when Meta presented Threads as a direct competitor to Twitter on July 5 and while observing that more than 30 million people registered on the platform during its first day of launch.
Let’s remember that this unexpected launch occurred when Twitter had implemented new policies, which included limiting the display of tweets if users were not logged in, as well as limiting the number of tweets a person could see per day if they did not pay their subscription. verified profile.
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