NEWS

Meta’s Threads Surpasses 100 Million Users in Just Five Days, Driving Stock Higher

Published

3 years ago

July 14, 2023

Meta Platforms, formerly known as Facebook, experienced a significant surge in its stock price as its new social media platform, Threads, attracted over 100 million users within a mere five days of its launch. The impressive growth rate of Threads, often likened to Twitter, has caught the attention of investors and industry observers alike.

CEO Mark Zuckerberg shared the exciting news on Monday, stating that the impressive number of sign-ups was primarily driven by organic demand, without the need for extensive promotional efforts. Meta has yet to fully unleash the platform’s promotional potential, hinting at further growth opportunities.

According to data from Quiver Quantitative published on Monday, Threads achieved the 100 million milestone, making it one of the fastest-growing apps of its kind. In comparison, it took OpenAI’s ChatGPT, supported in part by Microsoft, nearly two months to reach the same milestone.

The market responded positively to this news, with Meta’s stock rising by 1% in early Monday trading, while the Nasdaq experienced a minor decline of 0.21%. Meta shares were valued at $293.24 each, reflecting the enthusiasm surrounding Threads’ success.

Despite the rapid user growth and the attention it has garnered, Threads is not expected to have an immediate impact on Meta’s revenue. However, KeyBanc Capital Markets analyst Justine Patterson estimates that Threads, which already accounts for approximately one-third of Twitter’s active user base, could contribute between $800 million and $6.7 billion to Meta’s overall revenue in 2024.

Regulatory challenges have arisen for Meta in the form of the European Digital Markets Act rules, preventing Threads’ launch in the European Union. Given Meta’s recent legal setbacks involving the handling of user data for targeted advertising, the company is unlikely to challenge this restriction.

CFRA senior equity analyst Angelo Zino believes that despite the exclusion from the EU initially, the growth of Threads is expected to be exponential in the coming months. Zino maintains a positive outlook on Meta’s stock, holding a ‘buy’ rating with a $350 price target.

The launch of Threads followed controversial changes made to the Twitter platform, including limitations on the number of tweets users can see daily. These changes were implemented by Elon Musk, Twitter’s controlling owner, in an effort to combat data scraping and system manipulation on the microblogging website.

New Twitter CEO Linda Yaccarino, who joined the company from NBCUniversal, expressed the need for significant changes to strengthen the platform. Meta, on the other hand, has capitalized on its vast user base of 3 billion across platforms like Facebook, Instagram, and WhatsApp to fuel the growth of Threads.

In conclusion, Meta’s Threads has made an impressive debut, attracting over 100 million users within a short span of five days. The success of Threads, coupled with Meta’s existing user base, holds promise for the social media giant, although immediate revenue impact is not expected. Investors and analysts remain optimistic about the platform’s growth potential and its ability to diversify Meta’s revenue streams.

Entertainment

Emersonnoni Unveils Bold Promo Shots as He Prepares Next Musical Chapter

Published

4 days ago

September 30, 2026

Baba Blow

Rising Nigerian Afro-Pop artist Emmanuel Oghenekevwe, widely known as Emerson and now requesting to be addressed as Emersonnoni, has released a fresh set of promotional photographs ahead of his next musical project.

The visuals mark a confident step forward for the Ughelli South, Delta State native, who has been steadily building momentum since the February 2026 release of his single Ask Of Emerson (featuring Snazzygrin).

That track, produced by Gluck Beatz and written by Oghene Kevwe Emmanuel, showcased his blend of Afro-Pop energy, storytelling, and contemporary Nigerian sound.
With the new promo images, Emersonnoni appears to be setting the tone for a more defined personal brand.

Entertainment

MAIDEN MOEISHA CREATIVE EXPERIENCE HOLDS THIS FRIDAY

Published

1 week ago

September 25, 2026

Baba Blow

MAIDEN MOEISHA CREATIVE EXPERIENCE HOLDS THIS FRIDAY

Utibe Utuk

All is set to host a gathering of artists,innovators,creative entrepreneurs,young talents,students and industry professionals as the MOEISHA Creative Experience 2026 takes center stage.

The event, which brings together diverse voices and ideas around art,technology,culture and the future of the creative economy is scheduled for Friday,September 25th from 4pm,toprovide a platform for participants to connect,share ideas,showcase their creativity and explore emerging opportunities at the intersection of art,innovation and technology at Ibom LED Centre.

A major feature of the gathering will be the official launch of The Moeisha Foundation,an initiative focused on empowering young women and fresh school leavers with creative skills and opportunities in digital entrepreneurship.

The foundation is expected to provide opportunities for young people to develop practical skills,discover their creative potential and explore sustainable pathways within the growing digital economy.

Beyond the celebration of creative expression,the MOEISHA Creative Experience is designed to promote networking,collaboration and knowledge sharing among participants from different areas of the creative industry.

The event will take place at Ibom LED,Ibom E-Library,Ibb Way,Uyo,Akwa Ibom State,with free entry for participants. Artists,students,young entrepreneurs,industry professionals and lovers of culture are expected to attend the gathering.

Some of the speakers and panelists to grace the event are Mandu Akpekong (Public Speaker), Sukmama Akpanusong (Tech Entrepreneur),Utonne Ekefre (CEO Latonne Signature) and Emmanuel Udosen (CEO Coddatech Nigeria Ltd), with performances by Udo Mariam, Psc Ben, Ferric Wondaz, Carlos Umoh and Evelyn Praiz to spice up the evening.

The convener,Mekmfonabasi Essien,an artist,creative visionary and curator,said in a chat with this reporter penultimate week that the event was conceived as an avenue to bring people together and create opportunities for meaningful connections within the creative space.

According to her,for a creative community like Uyo,which continues to explore new ways of turning talent and ideas into opportunities,the MOEISHA Creative Experience 2026 provides an avenue for participants to connect,create and discover new possibilities.

She called on young people in Akwa Ibom and neighbouring cities to take advantage of the gathering,describing it as a networking hub capable of opening doors for greater collaboration and creative partnerships.

#Inexperienced

#MOEISHAexperience2026

NEWS

Jubet Brings His Pen and Perspective to emPawa Publishing as “Hardest Truth” Continues Its Global Run

Published

3 weeks ago

September 15, 2026

Baba Blow

Jubet Brings His Pen and Perspective to emPawa Publishing as “Hardest Truth” Continues Its Global Run

Following more than four months on the Billboard U.S. Afrobeats Songs chart and major Shazam milestones, the Nigerian singer-songwriter enters a new chapter with emPawa Publishing.

Nigerian singer-songwriter Jubet is entering a significant new phase of his career after joining the emPawa Publishing roster, marking an important step in the development and global positioning of his songwriting catalogue.

The development was announced by emPawa Publishing and emPawa Africa, who publicly welcomed the rising Nigerian artist to the publishing family while highlighting the distinctive qualities that have come to define his music: vulnerability, melody and honest storytelling.

The partnership arrives at a defining moment for Jubet, whose breakthrough single, “Hardest Truth,” has evolved from an intensely personal record into an international Afrobeats success story.

The song has maintained a sustained presence on the Billboard U.S. Afrobeats Songs chart for more than four months, while reaching No. 1 in five African countries and securing placements on the Global Shazam Chart and Global Afrobeats Top 100.

“Hardest Truth” has also demonstrated the depth of its international reach, connecting with audiences across multiple African markets and establishing Jubet as one of the emerging voices of a new generation of Afrobeats artists.

In its announcement welcoming Jubet, emPawa described the artist as a rising Nigerian recording artist whose sound is built around vulnerability, melody and honest storytelling, qualities that have become central to his artistic identity.

The publishing company also placed emphasis on the songwriter behind the music, noting that Jubet is bringing “that pen, that perspective and that unmissable emotionality” to the emPawa Publishing catalogue.

That distinction is significant.

For Jubet, the publishing partnership represents more than recognition for a successful record. It marks a move toward developing the songwriter and the catalogue behind his growing international profile, while creating a foundation for the next phase of his career.

“Hardest Truth” has demonstrated that emotional honesty can travel. What began as a deeply personal expression has resonated with listeners across borders, turning Jubet’s vulnerability into a shared experience for audiences around the world.

For Jubet’s management, the partnership is a natural progression in an increasingly international journey.

“Jubet’s journey has always been about more than creating a successful record. At the heart of his artistry is his ability to translate real emotion and personal experiences into songs that people can see themselves in. The response to ‘Hardest Truth’ has shown us just how far that honesty can travel. Partnering with emPawa Publishing is an important step in developing Jubet not only as an artist, but as a songwriter and a catalogue with long-term global potential. We are excited about what this next chapter will make possible.”

– Louiza Williams –

Jubet’s emergence comes at a time when Afrobeats continues to expand its global footprint, with artists possessing distinctive voices and emotionally resonant songwriting finding increasingly receptive audiences beyond Nigeria.

From his beginnings in Ilora, Oyo State, to international chart recognition, Jubet’s trajectory has been shaped by an increasingly intentional approach to artistry, audience building and long-term career development.

The emPawa Publishing partnership now adds another important layer to that trajectory.

With “Hardest Truth” continuing to demonstrate staying power and a growing catalogue ahead of him, Jubet enters this next chapter not simply as a breakout artist, but as a songwriter whose voice and perspective are beginning to command international attention.

The breakthrough may have started with “Hardest Truth.” The next chapter is about what comes after it.

About Jubet

Jubet, born Akanbi Oluwa Jubelo, is a Nigerian singer-songwriter and recording artist whose music is defined by vulnerability, melody and emotionally honest storytelling. His breakthrough single, “Hardest Truth,” propelled him onto international charts and introduced his distinctive sound to audiences beyond Nigeria.

About emPawa Publishing

emPawa Publishing is part of the wider emPawa Africa ecosystem, supporting songwriters and artists while developing and expanding the value of African music catalogues and creative works.

Media Contact:

Info@louikempire.com

+2348063815440