: Twitter lawyer tells Meta there are ‘serious concerns’ about Threads and Twitter IP
In a letter addressed to Meta Platforms Inc.’s META Chief Executive Mark Zuckerberg, Elon Musk’s lawyer Alex Spiro said Thursday that Twitter had “serious concerns” that Meta has engaged in “systematic, willful, and unlawful misappropriation” of Twitter’s “trade secrets” and other intellectual property. Twitter has hired “dozens” of former Twitter employees who may have access to confidential information, Quinn Emmanuel’s Spiro said. Twitter intends to “strictly enforce its intellectual property rights,” he wrote. Meta did not immediately return a request for comment. The Facebook parent launched Threads late Wednesday, a day earlier than planned, and Zuckerberg said in a post Thursday the platform already had 30 million users.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.