Twitter could have a new rival — a platform created by Meta | CNN Business

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Facebook-parent Meta is exploring building a new, standalone platform for sharing text updates, in what could mark the most high-profile new contender to take on Twitter as it falters under Elon Musk.

“We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests,” a Meta spokesperson said in a statement to CNN, which essentially described Twitter’s mission statement without naming the platform.

A number of upstart platforms have in recent months attempted to capitalize as Twitter struggles with frequent outages, the return of controversial users and a drop-off in advertisers. Many of them had an early jump in users following Musk’s takeover at Twitter, but have since struggled to gain widespread adoption. Mastodon, a decentralized social network that was launched in 2016, grew its user base from 300,000 users to more than 2.

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Meta considering a standalone social network that sounds a lot like Twitter | CNN BusinessFacebook-parent Meta is exploring building a new, standalone platform for sharing text updates, the company confirmed to CNN on Friday, in what could mark the most high-profile new contender to take on Twitter as it falters under Elon Musk. Meta is going down hill fast and this won't help The people who said they were going to leave twitter can go right ahead...oh wait... they won't 🙄 😐👎 Meta
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Facebook Parent Company Meta Exploring Decentralized App: Report.Meta is exploring a decentralized app, according to a report. By JamieCrawleyCD Meta JamieCrawleyCD woodlandrz Meta JamieCrawleyCD geojamofficial Meta JamieCrawleyCD would be an interesting contest among the giants.
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