Facebook Parent Company Meta Exploring Decentralized App: Report

The app will be a standalone product for sharing text updates, according to the report, citing a Meta spokesperson. The news was first reported by Indian business news site"We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests," the report said, citing a Meta spokesperson.

The app, which is still under development and codenamed P92, will allow users to log on using their credentials for Instagram, the photo-sharing social media site also owned by Meta.

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