Twitter threatens legal action against Meta over Threads: report
New York (AP): Twitter has threatened legal action against Meta over its new, text-based app called Threads, according to a letter obtained by Semafor.
In a Wednesday letter addressed to Meta CEO Mark Zuckerberg, Alex Spiro, an attorney representing Twitter, accused Meta of unlawfully using Twitter's trade secrets and other intellectual property by hiring former Twitter employees to create a "copycat" app.
Since launching Threads Wednesday night, Meta's new app has collected tens of millions of sign ups. The app, which was created by the company's Instagram team, arrives at a time when many are looking for Twitter alternatives to escape Elon Musk's raucous oversight of the platform since acquiring it last year for USD 44 billion.
Meta spokesperson Andy Stone responded to the report of Spiro's letter on Threads Thursday afternoon, writing, "no one on the Threads engineering team is a former Twitter employee that's just not a thing".
In the letter, which Semafor first reported on Thursday, Spiro said that Twitter "intends to strictly enforce its intellectual property rights" and noted the company's right to seek civil remedies or injunctive relief. He added that the letter marked a "formal notice" for Meta to preserve documents relevant for a potential dispute between the companies.
The Associated Press reached out to Spiro and Twitter on Thursday for further information. Twitter responded to an email seeking comment with a poop emoji, its standard automated response to reporters.
Musk hasn't directly tweeted about the possibility of legal action, but he has replied to several snarky takes on the Threads launch. The Twitter owner responded to one tweet suggesting that Meta's app was built largely through the use of the copy and paste function, with a laughing emoji.
Twitter CEO Linda Yaccarino has also not publicly commented on Wednesday's letter, but seemingly appeared to address Threads' launch in a Thursday tweet.
"We're often imitated -- but the Twitter community can never be duplicated," Yaccarino wrote.
Still, some analysts say Meta's new app could be a significant headache for Twitter pointing to the excitement surrounding Threads' launch and impressive download numbers so far.
Success for the app isn't guaranteed, of course. Industry watchers point to Meta's track record of starting standalone apps that were later shut down, for example, and note that Threads is still in its early days so time will tell.
Meta's new app has also raised data privacy concerns. While Threads launched in more than 100 countries Wednesday, it is notably unavailable in the European Union, which has strict data privacy rules.
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CM Siddaramaiah writes to CMs of 8 states on unfair devolution of taxes by Centre
Bengaluru, Sep 11: Karnataka Chief Minister Siddaramaiah on Wednesday said he has written to the Chief Ministers of eight states regarding the "unfair" devolution of taxes by the Union government, and has invited them to a conclave in Bengaluru to collectively deliberate on the issues of "fiscal federalism".
He said he has written to the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Haryana, and Punjab.
"States with higher GSDP (Gross State Domestic Product) per capita, like Karnataka and others, are being penalised for their economic performance, receiving disproportionately lower tax allocations. This unjust approach undermines the spirit of cooperative federalism and threatens the financial autonomy of progressive states," he said in a post on 'X' with "#OurTaxOurRight" hashtag.
"I have invited them to a conclave in Bengaluru to collectively deliberate on the issues of fiscal federalism at a juncture when the Finance Commission needs to make a directional shift & create incentives for growth and better tax mobilisation," he said.
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Siddararamaiah has also posted the letter written to CMs of other states on 'X'.
"As you are aware the 16th Finance Commission has begun its deliberations. The previous Finance Commissions have laid excessive emphasis on equity at the cost of efficiency and performance. As a result, states with higher GSDP per capita and higher contribution to the gross tax revenues of the union are progressively receiving lower shares of the central fiscal transfers," he said.
Stating that during the visit of the 16th Finance Commission to the State of Karnataka, during 29-30, August 2024, he underscored the need to carefully examine the impact of high emphasis given to equity on resource devolution to well performing states, he said, "I have emphasised that the reduction in central financial transfers to well performing states is placing severe limitations on their ability to invest in physical and human infrastructure."
The taxpayers of states, which are net donors to the divisible pool, also expect a fair share of their taxes to come back to them, he said, adding that the Finance Commission therefore needs to carefully balance equity with efficiency and performance.
Pointing out that states with a strong contribution to the country's GDP and Gross Tax Revenue, help build the nation in more ways than one, Siddaramaiah said, therefore, there is an urgent need to balance equity with efficiency and performance for a stronger Union, both politically and economically.
"It is, therefore, important that states which are receiving smaller shares in horizontal devolution, compared to their contributions to the Gross Tax Revenues of the Union, need to articulate a coordinated set of proposals before the Commission," he said.
"It is my pleasure to invite you to a conclave in Bengaluru to discuss these issues further. I will send a separate invitation indicating the dates once we firm up the schedule," he added.
I have written to the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Haryana, and Punjab regarding the unfair devolution of taxes by the Union government.
— Siddaramaiah (@siddaramaiah) September 11, 2024
States with higher GSDP per capita, like Karnataka and others, are being penalized… pic.twitter.com/SLqpNwVPDA
