Connect with us

Hi, what are you looking for?

TheFinanceMemories.comTheFinanceMemories.com

Tech News

Here’s why Threads is delayed in Europe

Meta logo on a blue background
Image: Nick Barclay / The Verge

Last week, Meta debuted its Twitter competitor, Threads. The app gained more than 100 million users in the US, UK, and hundreds of other countries in less than a week — but you won’t be able to download it in the European Union anytime soon. The app has been held up by what Meta spokesperson Christine Pai described to The Verge as “upcoming regulatory uncertainty,” widely assumed to refer to the EU’s Digital Markets Act (DMA).

Tech companies and regulatory skeptics have long claimed that laws like the DMA hold back innovation by requiring onerous user protections, but the looming competition law doesn’t stop Meta from introducing new products — and Meta hasn’t indicated it will forgo a European launch. If anything, the DMA adds friction…

Continue reading…

You May Also Like

Tech News

Photo by JC Olivera / Getty Images Opening Night Live 2023 will have over two hours of trailers and announcements. Just don’t expect too...

Tech News

Image: Bungie The first saga in Destiny’s universe is coming to an end with an epic battle between light and darkness. Destiny’s light and...

Tech News

Image: Level Infinite The Command & Conquer series is getting another mobile game. The new title, Command & Conquer: Legions, offers a “reimagined storyline,”...

Editor's Pick

Jeffrey A. Singer On the same day that the Food and Drug Administration allowed women over‐​the‐​counter access to one progestin‐​only birth control pill, Rep....