06 Apr 2025

light mode

Twitter Threatens Legal Action Against Threads

Twitter has sent a legal notice to Meta, the parent company of Instagram, regarding its recently introduced text-based platform named Threads. Twitter’s lawyer, Alex Spiro, sent a letter to Meta CEO Mark Zuckerberg accusing the company of unlawfully poaching former Twitter employees to create a “copycat” application.

Spiro stated that Twitter considers Meta’s actions as a “systematic, willful, and unlawful misappropriation” of Twitter’s trade secrets and intellectual property. The letter demands that Meta immediately ceases using any Twitter trade secrets or highly confidential information.

Spiro alleged that Meta had hired numerous former Twitter employees who had access to Twitter’s trade secrets and confidential information. He further claimed that these employees were assigned to develop Meta’s Threads app with the intention of using Twitter’s trade secrets and intellectual property to expedite the development of Meta’s competing platform, which violates state and federal laws, as well as the employees’ ongoing obligations to Twitter.

Twitter emphasized its intent to enforce its intellectual property rights and stated that it reserves the right to seek civil remedies and injunctive relief to prevent further use or disclosure of its intellectual property by Meta.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author
Bitget Secures Digital Asset Service Provider License from El Salvador

Bitget Secures Digital Asset Service Provider License from El Salvador

Crypto exchange Bitget has received the Digital Asset Service Provider (DASP) license from El Salvador, allowing the platform to expand its crypto offerings in the country.

Anahit Avetisyan
Free ChatGPT Plus Now Available for College Students in North America

Free ChatGPT Plus Now Available for College Students in North America

OpenAI has announced free access to ChatGPT Plus for college and university students in the United States and Canada until May 2025.

Vlad Vovk
BTC Faces Resistance at $85K as Trade War Pressure Mounts

BTC Faces Resistance at $85K as Trade War Pressure Mounts

Bitcoin remains pinned under $85,000, as global markets digest rising tensions between the U.S. and China over fresh tariffs.

Anton Kryshtal
BTC’s Wild Ride Isn’t Over: Fed’s Move Up Next

BTC’s Wild Ride Isn’t Over: Fed’s Move Up Next

Recent tariff implementations by President Trump, met with China’s retaliatory measures, have introduced significant volatility into the cryptocurrency market. Investors are now keenly awaiting employment statistics and the Federal Reserve’s forthcoming decisions on interest rates.

Dmytro Psevdonimenko
Shibetoshi Nakamoto: The Man Behind Dogecoin and the Meme Revolution

Shibetoshi Nakamoto: The Man Behind Dogecoin and the Meme Revolution

Shibetoshi Nakamoto didn’t wear hoodies or chase venture capital. He never claimed he was going to reinvent finance or save the world with blockchain. He just cracked a joke.

Elina Moskovchuk
Cathie Wood: A Disruptor or a Dreamer Losing Touch With Reality?

Cathie Wood: A Disruptor or a Dreamer Losing Touch With Reality?

Cathie Wood (ARK Invest) has long been a polarizing figure on Wall Street. But who is she, really? Let’s take a closer look to see the full picture.

Elina Moskovchuk
The Visionary Behind Crypto.com: Kris Marszalek’s Rise to Fame

The Visionary Behind Crypto.com: Kris Marszalek’s Rise to Fame

Kris Marszalek became a well-known figure in the crypto world after one of the most infamous Super Bowl ads in history.

Elina Moskovchuk
Fiat Money vs Commodity Money: What’s the Difference?

Fiat Money vs Commodity Money: What’s the Difference?

Explore the key differences between fiat money and commodity money. Learn about their intrinsic value, historical context, advantages, disadvantages, and real-world examples.

The Coinomist
Blockchain Trilemma: Explained with Real-World Examples

Blockchain Trilemma: Explained with Real-World Examples

In recent years, blockchain technology has gained immense popularity, being the backbone of cryptocurrencies, decentralized finance (DeFi), and various other applications. However, as the technology continues to evolve, a crucial problem has surfaced: the blockchain trilemma.

The Coinomist
How Is a Cryptocurrency Exchange Different from a Cryptocurrency Wallet?

How Is a Cryptocurrency Exchange Different from a Cryptocurrency Wallet?

A guide detailing the differences between cryptocurrency exchanges and wallets. Learn about their distinct roles, security features, liquidity, and user control in the digital asset ecosystem.

The Coinomist
What Are Assets? Differences Between Coins and Tokens

What Are Assets? Differences Between Coins and Tokens

Discover the meaning of assets in finance and crypto, and learn the key differences between coins and tokens to make informed investment decisions.

The Coinomist
What Is a Margin Call? An Essential Guide

What Is a Margin Call? An Essential Guide

A comprehensive guide to understanding margin calls in trading. Learn what triggers them, how they work, their risks, and strategies to manage or avoid them

The Coinomist
What Happens When Bitcoin Runs Out? Predictions and Strategies

What Happens When Bitcoin Runs Out? Predictions and Strategies

Explore what happens when Bitcoin reaches its 21 million supply cap. Learn how the shift from block rewards to transaction fees could impact miners, investors, and the entire ecosystem.

The Coinomist
Arthur Hayes Challenges Fed Independence in His New Essay “The BBC”

Arthur Hayes Challenges Fed Independence in His New Essay “The BBC”

In his latest essay “The BBC,” Arthur Hayes examines the emotional pressures on the Federal Reserve and the monetary policy challenges that could lead to increased liquidity in the crypto market.

Dmytro Psevdonimenko
Trump’s “US Crypto Reserve” Plan: A Game Changer or Just Talk?

Trump’s “US Crypto Reserve” Plan: A Game Changer or Just Talk?

It takes just one post from Trump to stir the crypto market. Recently, he announced on Truth Social that the evaluation of a strategic crypto reserve is in progress as part of his broader Trump crypto policy.

Anahit Avetisyan
MORE
Dubai Lets You Build a Crypto Company: Here’s the Setup Process

Dubai Lets You Build a Crypto Company: Here’s the Setup Process

Dreaming of building your crypto business? Here’s how to start a crypto business in Dubai and launch legally with confidence.

Iaroslava Kramarenko
Singapore’s Crypto Scene: Where High-Tech Meets Luxury Living

Singapore’s Crypto Scene: Where High-Tech Meets Luxury Living

Glass towers shimmer under the tropical sun, yachts idle in turquoise waters, and the hum of innovation fills the air—Singapore is where the crypto elite come to live, build, and belong.

Iaroslava Kramarenko
MORE