The video announces the "battle of the social media century" between Elon Musk and Mark Zuckerberg. It discusses the launch of Meta's new social media platform called Threads, which is being compared to Twitter. Threads gained over 30 million users, including celebrities and even the Australian Prime Minister, on its first day. The video mentions that some believe Threads could surpass Twitter, especially considering Twitter's recent troubles with staff cuts and content controversies. It also reveals that Elon Musk and Twitter have threatened to sue Meta, alleging that Meta poached former Twitter employees and used their intellectual property to create Threads. A technology journalist predicts that this legal action might not happen or could be a long-running process.
Vocabulary:
• Rumble
A metaphorical term indicating an intense or exciting competition or conflict.
• Trouble
Difficulties or problems.
• Staff cuts
Reduction in the number of employees.
• Sue
To initiate legal action against someone.
• Poached
To recruit or hire someone, often from a competitor, in a way that may be seen as unfair or unethical.