It was announced on Friday that Meta, the company that owns Facebook, is developing a brand-new “text sharing” social media platform that could pose a threat to Twitter. Twitter has experienced layoffs, outages, and the exodus of advertisers because of a lack of content moderation after Musk‘s takeover in October.
In response to reports by Moneycontrol and Platformer, Meta said on Friday that it has already started working on the new platform. ‘We’re developing a separate, decentralized social network for sharing text updates,’ Meta said in a brief email statement.
“We think there is a need for a separate platform where creators and public personalities may communicate timely updates about their interests,” the statement continued. According to media sources,
Meta’s new app will employ technology to enable it to be compatible with the niche social network Mastodon and other platforms, enabling users to broadcast posts to individuals on other networks.
This would represent a clear departure from the way internet corporations typically operate, which keeps websites like Instagram or YouTube behind technological barriers and governed by business servers. According to Moneycontrol, Meta’s brand-new project is being evaluated with features like tappable links, user bios, verification badges, and shareable videos and pictures.