Jim Cramer Sides With Zuckerberg On Emerging Social Media War With Twitter
Jim Cramer is picking sides on the eve of the release of Mark Zuckerberg’s Meta Platforms Inc’s META.
Musk’s Twitter. Cramer is already anticipating that it will be a huge success.
“I say game, set, match, Zuckerberg,” Cramer said Wednesday on CNBC’s “Squawk On The Street.”
Twitter may have 300 million people, but those are 300 million people who are dissatisfied, which creates an opportunity for Threads, he said.
The planned Threads launch comes just days after Musk was criticized for putting limits on how many Twitter posts users can see per day on the social media platform. The cap on content received plenty of backlash, which has become the norm since Musk took over the company.
Shortly after he acquired Twitter, Musk rolled out a subscription feature called Twitter Blue and removed all legacy verified accounts from the platform, which was met with confusion and uproar.
The planned Threads launch comes just days after Musk was criticized for putting limits on how many Twitter posts users can see per day on the social media platform. The cap on content received plenty of backlash, which has become the norm since Musk took over the company.
Shortly after he acquired Twitter, Musk rolled out a subscription feature called Twitter Blue and removed all legacy verified accounts from the platform, which was met with confusion and uproar.
Meta CEO Mark Zuckerberg, on the other hand, has done a good job pleasing users on Facebook and Instagram, Cramer said.
He understands that it’s all about the community and he’s shown he can create a terrific product, whereas Twitter is awful, he added. $Twitter (Delisted)(TWTR.US$ $Meta Platforms(META.US$
“It’s obvious that this could be the kinder, gentler Twitter. Twitter is a cesspool. We all know it,” Cramer said.
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