Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
Share:
More In Business
Big Business This Week: From Meme Stocks to Dead Lobster
Memes have the market in a tizzy; Red Lobster taken down by... shrimp?; and John Deere is strangling farmers.
The Dow Just Crossed 40,000 For the First Time: Is it a Big Deal?
Although the Dow's topping the 40,000 level is cause for celebration, it doesn't inherently mean much.
Find Out Which State Is Doing More to Attract Top Talent
Chief Growth Officer for Michigan joins Cheddar to discuss the state's initiative to attract Gen Z and top talent. Watch!
What Are Americans Buying? National Retail Federation Has the Receipts
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
Trade In Your Cocktails For Mocktails. Sober Curiosity Is In
Lightspeed's data confirms that consumers are significantly reducing their alcohol consumption, with sales showing a decrease compared to last year.
Want A Better Deal On Your Next Car? Learn How To Negotiate For A Better Price
Negotiating a better price on a certified used vehicle should definitely be part of the buying process.
AI Funding Resilient in Q1 2024: $12.2B Invested Despite Fewer Mega-Rounds, Crunchbase Data Shows
In 2023, the AI sector saw significant growth in venture investment; however, concerns have risen about the sustainability of this growth.
Biden Administration Moving Ahead On $1 Billion Arms Sale to Israel
It’s the first arms shipment to Israel to be pushed forward since the administration put another arms transfer — consisting of 3,500 bombs — on hold.
Sportswear Brand On Is Ready for the 2024 Paris Games
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
