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July 6, 2023

Meta Launches Twitter Competitor "Threads"; Canada Blocks Facebook and Instagram Ads
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In more technology news, Meta, the parent company of Facebook and
Instagram, has officially launched a rival social media platform to
Twitter, which has been struggling to retain users and advertisers since
its purchase by billionaire Elon Musk last October. In the latest in a
series of unpopular moves, Musk said over the weekend Twitter will begin
limiting the number of tweets its users would be able to view per day
unless they pay for premium service.

Meanwhile, Canada's government says it has halted all advertising on
Facebook and Instagram, after Meta moved to restrict news content across
Canada. Meta's move came after Canadian lawmakers approved the Online
News Act, which will require tech companies to pay news outlets for
posting their content on their platforms. Google's parent company,
Alphabet, has also removed Canadian news articles from search results
after calling the new law "unworkable."


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