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Facebook's Instagram unveils 'Threads' messaging app for 'close friends'

Facebook Inc. has introduced Thursday "Threads" from Instagram, a standalone camera-first messaging app that allows users to stay more connected with a close circle of friends through photos and videos. "Threads is the fastest way to share a photo or video with your close friends on Instagram," the social media company said in a statement. "It opens directly to the camera and allows you to add shortcuts, so you can share what you're doing in just two taps." The stock rallied 2.3% in midday trading. It has lost 9.4% over the past three months, while the S&P 500 has declined 3.2%. Read More...

Facebook Inc. has introduced Thursday “Threads” from Instagram, a standalone camera-first messaging app that allows users to stay more connected with a close circle of friends through photos and videos. “Threads is the fastest way to share a photo or video with your close friends on Instagram,” the social media company said in a statement. “It opens directly to the camera and allows you to add shortcuts, so you can share what you’re doing in just two taps.” The stock rallied 2.3% in midday trading. It has lost 9.4% over the past three months, while the S&P 500 has declined 3.2%.

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