To compete with Elon Musk’s Twitter, Mark Zuckerberg’s Meta has announced the development of a new social media program that allows users to share character-limited posts.
To Reuters, a Meta representative acknowledged the’standalone decentralized social network,’ saying that ‘there is an option for a distinct place’ for people to post updates about their interests.
The name of the app is unknown, but it will be built on the same foundation that underpins Mastodon, a Twitter-like site that started in 2016.
A Twitter-like software would allow Meta to capitalize on the current upheaval at Musk’s company, where cost-cutting and layoffs are common.
MoneyControl claimed on Thursday that Meta’s Twitter competitor is dubbed ‘P92.’
According to those familiar with the subject, the app would be Instagram-branded, allowing users to signup with the same credentials.