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beaten a record set by open air chat app, signing up more than 100 million users in under five days. now, it was just last wednesday that threads went live on apple and android app stores in 100 countries. meta boss mark zuckerberg said he couldn't believe the milestone had been reached so fast, but it feels like lots of people are already on it. well, that's partly because it's connected to instagram. meta, remember isn't creating an app from scratch. it's benefiting from its two billion instagram followers, and that's giving it a massive shot in the arm. analysts are calling this t...

Creating a social media platform, well, it's hard, but when it works, it really works. the reverse, however, is also true. and when communities leave a social media platform, they can do so pretty quickly. remember myspace? anyone? michelle fleury there. chinese officials are closely watching the performance of the renminbi, it has fallen by almost 5% against the us against the us dollar this year making it one of the worst—performing currencies in the region. something to note — china does not have a floating exchange rate — determined by market forces. instead, it pegs the yuan to the ...