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Threads starts rolling out ads
Meta Platforms Inc. will show advertising on social network Threads for the first time, opening up a new revenue stream for the company and increasing competition for Elon Musk’s X.
The ads will come from a “handful of brands” and appear only in the US and Japan to start, according to a post Friday from Instagram boss Adam Mosseri, who called the move a “test.”
[Bloomberg]
Meta Platforms Inc. will show advertising on social network Threads for the first time, opening up a new revenue stream for the company and increasing competition for Elon Musk’s X.
The ads will come from a “handful of brands” and appear only in the US and Japan to start, according to a post Friday from Instagram boss Adam Mosseri, who called the move a “test.”
[Bloomberg]