Threads vs. Twitter: What’s the Difference?
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Threads vs. Twitter: What’s the Difference?

The Instagram-linked app joins the crowded microblogging fray

By JOANNA STERN and Ann-Marie Alcántara
Fri, Jul 7, 2023 8:42amGrey Clock 5 min

If you’re wondering what it’s like to use the new Threads app, just close your eyes and picture Twitter but with a lot less Elon Musk—and that’s exactly the point.

Meta—owner of Instagram, Facebook and WhatsApp—on Wednesday launched its latest service, called Threads. While linked to Instagram (you even need an Instagram account to sign up for Threads), the new app’s primary focus is sharing short snippets of text. Users can post up to 500 characters or share videos up to five minutes long.

Welcome to Mark Zuckerberg’s new Metaverse. No virtual-reality spectacles or legless 3-D avatars here. Just good ol’ fashioned words…in a good ol’ fashioned social-media feed…on your good ol’ fashioned smartphone.

“There’s a hunger for something new,” Connor Hayes, Meta’s vice president of product, said in an interview. He added that public figures and creators have specifically been looking for an alternative to Twitter that “feels more productive and positive.”

Since Musk took over Twitter in October, the company has had numerous technical issues, changed its blue-check-mark verification policies and faced criticism from users and advertisers for how it moderates content. This past weekend, Musk limited how many posts users could see, saying he wants to combat “extreme levels of data scraping.”

That’s left a potential opening for competitors. There’s Mastodon, Bluesky, Spill. Is Threads any better than those? Are there privacy concerns—as with other Meta apps? Is it easy to set up and close a Threads account? Can Twitter actually be beaten?

Here are our answers and first impressions after using the app for the past day.

What is Threads? And how do I use it?

Threads is Meta’s latest social-media app, and this one directly takes on Twitter with short missives you can share with followers. It lets you post text, photos, links and videos.

Thanks to some serious Twitter copying and pasting, Threads is simple to use. Download the iOS or Android app and you’ll be prompted to log in with your Instagram account and fill out your Threads profile. You can choose to keep following the same people you follow on Instagram or pick just some of them—or none at all.

The Home tab includes a feed of posts. Tap the button with an abstract-looking paper and pen to compose a new Thread, and tap the paper clip icon to add a photo or video. You can mention other people by using the @ symbol in front of their usernames and “repost.”

The app is available in more than 100 countries, though not in the European Union.

Wait, I already have Instagram! Do I have to download a separate app?

You can’t join Threads without an Instagram account, but the new service operates as its own app. Do we really need another app on our phones? Nope, but here we are.

If you really don’t want to download another app, you can access the service from the Threads.net website, similar to how you can use Instagram in a browser. Hayes said there are no plans right now for a dedicated Mac or Windows app.

I tried Threads and want to delete it. What happens to my Instagram account?

Because of the Instagram integration, setting up Threads is fast and easy. Quitting it—not so much. You can’t completely delete your Threads profile unless you also delete your Instagram account, the app’s privacy policy says.

If you really don’t want to use Threads but want to keep Instagram, you can deactivate your account, which hides your profile, Threads, replies and likes. Deactivating Threads doesn’t impact your Instagram account.

Adam Mosseri, the head of Instagram, on Thursday said that because Threads is powered by Instagram, it’s currently one account. “But we’re looking into a way to delete your Threads account separately,” he said on Threads.

What does Threads have that Twitter doesn’t?

On the surface Threads is a Twitter clone, but dig deeper and you can find some real differences:

  • Instagram integration: Because Threads is so closely linked to your Instagram account, you don’t have to start from scratch when it comes to finding your friends and others to follow. People you’ve blocked on Instagram will carry over, and you can share Threads to your Instagram Stories.
  • Decentralised support: Threads will be compatible with ActivityPub, a decentralised social-networking protocol—the same one used by Mastodon. What does that mean? It is “decentralised” because hosting of accounts, including people’s followers, can be done on independent servers, rather than those operated privately by a single company. This is the way Meta currently runs Facebook and Instagram. Ultimately, it could give users more freedom to take their followers and information when they leave the service, and allows you to view posts from other social-media networks that support the protocol. There’s no specific date when ActivityPub will roll out, Hayes said.
  • Rate limit: Twitter this past weekend limited the number of posts users can read to 600 a day for unverified accounts and 6,000 a day for those paying a monthly subscription fee. Threads imposes no limit or boundaries, whether you’re verified or not.
What does Twitter have that Threads doesn’t?

It takes just a few minutes of using Threads to see where Meta rushed things. “There are a bunch of features that are coming that weren’t quite ready for launch,” Hayes said.

Here are some features found on Twitter that we expect on Threads:

  • Follower feed: Right now there is just the one main algorithmic feed, which includes posts from people you follow and others that are popular on the service. You can’t see a feed of just the people you follow or a purely chronological feed.
  • Edit button: You cannot edit your posts after you’ve posted.
  • Character count: How are we supposed to know when we’re blabbing away when there’s no indicator that you’re nearing the 500-character limit?
  • Search: You can search for other accounts but not for words contained in posts. There is also no support for hashtags yet.
  • Direct messaging: You can’t send private messages through Threads. You’ll have to head back to Instagram for that.
  • Ads: There are no ads on Threads—at least for now. “The priority for this launch is to make the app as great as possible for consumers and creators,” Hayes said. “And we haven’t prioritised ads as a part of this.” (Translation: There will eventually be ads.)
Who is on Threads?

Well, us. (Follow WSJ hereJoanna here and Ann-Marie here!) But we certainly cannot sing like Shakira and Nick and Joe Jonas. Or act like Zooey Deschanel and Beanie Feldstein. Or tell jokes like Ellen DeGeneres and Jack Black. Or stream shows like Netflix or cook up burgers like Shake Shack. Or even take off into the skies like American Airlines. Big names and companies seem to be joining the service by the minute.

What about my privacy on Threads?

Check the Threads listing in the Apple App Store and you’ll see that Meta may collect loads of data from the app: Health & Fitness, Purchases, Financial Info, Location, Contacts…The list goes on.

Hayes said that list doesn’t give much context about why or under what circumstances that sort of data would be used. Instead, he pointed us to Threads’s two privacy policies: the Meta privacy policy and a new supplemental Threads-specific policy due to the coming ActivityPub integration. Threads also allows you to designate your account and your posts as public or private.

Still, this is Meta we’re talking about. If you have been a Facebook or Instagram user, it has built up quite a bit of data about you over the years. Expect this to just be another app that feeds into that.

Is this it? A real Twitter competitor?

It sure looks like the closest thing to it. Threads has an edge over most Twitter competitors because it uses Instagram to immediately build your following and populate your feed. Heck, in just the first four hours, it had over five million sign-ups, according to Zuckerberg’s own Thread. The app hit 30 million sign-ups as of Thursday morning, he posted.

But as Zuckerberg (or an actor playing him) was once famously told, sort of: “Thirty million sign-ups isn’t cool. You know what’s cool? A billion sign-ups.”

(OK, that might not happen this week, but it’s probably what he’s aiming for.)



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New York Watch Auctions Record Uptick in Sales in the Face of Market Slowdown
By LAURIE KAHLE
Mon, Jun 24, 2024 4 min

Luxury watch collectors showed ongoing strong demand for Patek Philippe, growing interest in modern watches and a preference for larger case sizes and leather straps at the June watch sales in New York, according to an analysis of the major auctions.

Independent and neo-vintage categories, meanwhile, experienced declines in total sales and average prices, said the report from  EveryWatch, a global online platform for watch information. Overall, the New York auctions achieved total sales of US$52.27 million, a 9.87% increase from the previous year, on the sale of 470 lots, reflecting a 37% increase in volume. Unsold rates ticked down a few points to 5.31%, according to the platform’s analysis.

EveryWatch gathered data from official auction results for sales held in New York from June 5 to 10 at Christie’s, Phillips, and Sotheby’s. Limited to watch sales exclusively, each auction’s data was reviewed and compiled for several categories, including total lots, sales and sold rates, highest prices achieved, performance against estimates, sales trends in case materials and sizes as well as dial colors, and more. The resulting analysis provides a detailed overview of market trends and performance.

The Charles Frodsham Pocket watch sold at Phillips for $433,400.

“We still see a strong thirst for rare, interesting, and exceptional watches, modern and vintage alike, despite a little slow down in the market overall,” says Paul Altieri, founder and CEO of the California-based pre-owned online watch dealer BobsWatches.com, in an email. “The results show that there is still a lot of money floating around out there in the economy looking for quality assets.”

Patek Philippe came out on top with more than US$17.68 million on the sale of 122 lots. It also claimed the top lot: Sylvester Stallone’s Patek Philippe GrandMaster Chime 6300G-010, still in the sealed factory packaging, which sold at Sotheby’s for US$5.4 million, much to the dismay of the brand’s president, Thierry Stern . The London-based industry news website WatchPro estimates the flip made the actor as much as US$2 million in just a few years.

At Christie’s, the top lot was a Richard Mille Limited Edition RM56-02 AO Tourbillon Sapphire
Richard Mille

“As we have seen before and again in the recent Sotheby’s sale, provenance can really drive prices higher than market value with regards to the Sylvester Stallone Panerai watches and his standard Patek Philippe Nautilus 5711/1a offered,” Altieri says.

Patek Philippe claimed half of the top 10 lots, while Rolex and Richard Mille claimed two each, and Philippe Dufour claimed the No. 3 slot with a 1999 Duality, which sold at Phillips for about US$2.1 million.

“In-line with EveryWatch’s observation of the market’s strong preference for strap watches, the top lot of our auction was a Philippe Dufour Duality,” says Paul Boutros, Phillips’ deputy chairman and head of watches, Americas, in an email. “The only known example with two dials and hand sets, and presented on a leather strap, it achieved a result of over US$2 million—well above its high estimate of US$1.6 million.”

In all, four watches surpassed the US$1 million mark, down from seven in 2023. At Christie’s, the top lot was a Richard Mille Limited Edition RM56-02 AO Tourbillon Sapphire, the most expensive watch sold at Christie’s in New York. That sale also saw a Richard Mille Limited Edition RM52-01 CA-FQ Tourbillon Skull Model go for US$1.26 million to an online buyer.

Rolex expert Altieri was surprised one of the brand’s timepieces did not crack the US$1 million threshold but notes that a rare Rolex Daytona 6239 in yellow gold with a “Paul Newman John Player Special” dial came close at US$952,500 in the Phillips sale.

The Crown did rank second in terms of brand clout, achieving sales of US$8.95 million with 110 lots. However, both Patek Philippe and Rolex experienced a sales decline by 8.55% and 2.46%, respectively. The independent brand Richard Mille, with US$6.71 million in sales, marked a 912% increase from the previous year with 15 lots, up from 5 lots in 2023.

The results underscored recent reports of prices falling on the secondary market for specific coveted models from Rolex, Patek Philippe, and Audemars Piguet. The summary points out that five top models produced high sales but with a fall in average prices.

The Rolex Daytona topped the list with 42 appearances, averaging US$132,053, a 41% average price decrease. Patek Philippe’s Nautilus, with two of the top five watches, made 26 appearances with an average price of US$111,198, a 26% average price decrease. Patek Philippe’s Perpetual Calendar followed with 23 appearances and a US$231,877 average price, signifying a fall of 43%, and Audemars Piguet’s Royal Oak had 22 appearances and an average price of US$105,673, a 10% decrease. The Rolex Day Date is the only watch in the top five that tracks an increase in average price, which at US$72,459 clocked a 92% increase over last year.

In terms of categories, modern watches (2005 and newer) led the market with US$30 million in total sales from 226 lots, representing a 53.54% increase in sales and a 3.78% increase in average sales price over 2023. Vintage watches (pre-1985) logged a modest 6.22% increase in total sales and an 89.89% increase in total lots to 169.

However, the average price was down across vintage, independent, and neo-vintage (1990-2005) watches. Independent brands saw sales fall 24.10% to US$8.47 million and average prices falling 42.17%, while neo-vintage watches experienced the largest decline in sales and lots, with total sales falling 44.7% to US$8.25 million, and average sales price falling 35.73% to US$111,000.

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