Meta is working on a possible Twitter competitor

CAPE CANAVERAL: Facebook proprietor Meta is dealing with a new “message sharing” virtual entertainment stage, it said Friday, in an undertaking seen as a likely opponent to troubled Twitter.
Due to a lack of content moderation, the influential website has experienced outages, layoffs, and advertisers have left the platform since billionaire Elon Musk took over in October.
However, there has not yet been a significant alternative to Twitter, leaving global leaders, politicians, celebrities, and businesses with little choice but to continue communicating on the platform.
Meta confirmed on Friday that it was beginning work on the new platform, as reported by news websites Platformer and Moneycontrol, based in India.
In a brief email statement, Meta stated, “We’re exploring a standalone, decentralized social network for sharing text updates.”
“We feel there is an opportunity for a separate platform where creators and public personalities may offer timely updates about their interests,” the statement says.
According to reports in the media, the brand-new Meta app would make use of technology that made it possible for it to work with platforms like Mastodon and other niche networks.
This would clearly deviate from the usual practice of tech giants, where platforms like Instagram and YouTube operate under strict rules on company servers behind technological walls.
Mastodon runs on decentralized computing servers, so there is no centralized management or control.
Twitter accounts that provided links to Facebook, Instagram, and Mastodon were temporarily barred by Musk in December.