Facebook-owned Meta is actively considering the launch of a new social network that could be a rival to Twitter. A spokesperson from Meta Platforms Inc stated that they are exploring the development of a standalone and decentralized social network for sharing text updates.
The spokesperson added that they see a potential for a dedicated platform where creators and public figures can share timely updates related to their interests.
These features of the app, which is similar to Twitter, will make it a rival to Twitter..Variety reported the news about Meta’s plans, highlighting the growing competition in the social media landscape.
The report said the company had no additional info on the prospective social network to share.The potential Meta service, code-named “P92,” was first reported by news site Moneycontrol.
The new Meta app would be based on — and interoperable with — the framework that powers Mastodon, a Twitter-like service that launched in 2016 and has seen a surge in popularity since Musk’s takeover of Twitter last October.
Meta recently took another page from Musk’s Twitter playbook.The tech giant began rolling out Meta Verified, a subscription service for Facebook and Instagram users that includes a verified blue check-mark badge — just like Twitter Blue — as well as other perks.
Meta Platforms Inc prices the web version of Meta Verified at USD 11.99 per month, while it prices the version on Apple’s iOS at USD 14.99 per month. company initially launched the service in Australia and New Zealand with more countries “soon,” Mark Zuckerberg, Meta’s chairman and CEO, said in announcing the plans.
