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Twitter got a new competitor this month when Facebook owner Meta launched a text-focused app, Threads, and gained tens of millions of sign-ups in a few days.
![](https://cdn.zeebiz.com/sites/default/files/2023/07/16/251248-screenshot-2023-07-16-090121.png?im=FitAndFill=(1200,900))
Musk said most of the advertisers who left had returned and that the company might become cash-flow positive in the second quarter. (Image credit: Reuters)
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