00:00The sad truth is that there are no great social networks right now,
00:04says Elon Musk himself on his renewed platform X, previously known as Twitter.
00:09We may fail, as so many have predicted, but we will try our best to make there be at least
00:15one.
00:15Since acquiring the site last year, the billionaire has drawn backlash
00:19and lost user confidence by making changes to the site and company,
00:24laying off a majority of employees, overhauling the verification system and rebranding.
00:30These changes have led users to migrate to different social media platforms.
00:34HuffPost reports the new app by Meta, Threads, is one of these platforms.
00:40The site confirms X threatened to sue Threads, claiming it has engaged in systematic,
00:45willful and unlawful misappropriation of Twitter's trade secrets and other intellectual property
00:51by hiring previous Twitter employees.
00:54In more recent news, Musk has announced a plan to remove the block button from X,
00:59a tool that allows users to choose who gets to see and interact with their content or profile,
01:05claiming it makes no sense.
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