Mark Zuckerberg's Meta has revealed it is working on a new social network solely designed for sharing text updates.
The new app could become the most high-profile rival to Twitter and Mastodon. The former has been rife with chaos since Musk's aggressive takeover, with the company struggling to hold onto its advertising base amid large-scale staff layoffs and a succession of outages for the platform.
Meta's news was first reported by Money Control, citing Meta sources, with further details subsequently revealed by Platformer. Following these early reports, Meta confirmed the project.
"We're exploring a standalone decentralised social network for sharing text updates," a Meta spokesperson said. "We believe there's an opportunity for a separate space where creators and public figures can share timely updates about their interests."
The plan, codenamed P92, is still in its early stages and is being led by Instagram...