Mark Zuckerberg’s Meta is planning to to launch a social media app to rival Twitter while Twitter is trying to waddle through its numerous issues with the platform, people and more.
Twitter has not had it easy since he bought the social media app and it seems the problems are forcing people to look for alternatives.
According to a Reuters report via an emailed statement from a Meta spokesperson, “We’re exploring a standalone decentralized social network for sharing text updates. We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests.”
Meta’s app will be based on a similar framework that powers Mastodon, a Twitter-like service that was launched in 2016. Mastodon has seen a positive update since Twitter started having issues. It is estimated that more than two million users flocked to Mastodon since Elon Musk took over Twitter.
Another news report from Moneycontrol states that the app, codenamed P92, will be Instagram-branded and will allow users to register/login to the app through their Instagram credentials.
Meta’s plan is coming at the right time as its primary brand, Facebook, is facing difficulties in capturing the interest of younger users. Despite investing significantly in the metaverse, a digital realm where individuals communicate and conduct activities, there are limited indications of immediate gains. Instagram is also facing stiff competition from TikTok.
It is not known when the rival social media app would be launched.
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