Meta to temporarily close Threads in Turkey
April 15 2024 - 2:49PM
IH Market News
Meta Platforms Inc. (NASDAQ:META) said on Monday that its social
media platform Threads will be temporarily closed starting on April
29 while the giant company prepares to appeal the Turkish
Competition Authority (TCA) decision which forbade Threads and
Instagram to exchange users’ data last March 18.
Users that have accounts in Thread and feel affected will have
the option to deactivate their profile but the deletion option will
not be available.
“We disagree with the interim order, we believe we are in
compliance with all Turkish legal requirements, and we will appeal
[…] We will continue to constructively engage with the TCA and hope
to bring Threads back to people in Turkey as quickly as possible,”
the company noted in a statement.
Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Mar 2024 to Apr 2024
Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Apr 2023 to Apr 2024