Meta launching Twitter rival soon? Meta looks set to release Threads, a new microblogging app, on Thursday, The Wall Street Journal reports. An official announcement has yet to be made about the new product, reportedly called “our response to Twitter,” by Meta's chief product officer, but it's expected the company will build Threads off existing Instagram user data. Meta has been developing the product since January, attempting to get famous figures such as the Dalai Lama and Oprah on board as early users. News of this comes as Twitter experienced an outage over the weekend and owner Elon Musk announced temporary limits on tweet views for users due to "extreme levels of data scraping."