Meta Platforms Inc is exploring a standalone decentralized social network for sharing text updates, a company spokesperson said on Friday, in what could be a direct competitor to billionaire Elon Musk's Twitter Inc.
The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photois exploring a standalone decentralized social network for sharing text updates, a company spokesperson said on Friday, in what could be a direct competitor to billionaire Elon Musk's Twitter Inc.
"We're exploring a standalone decentralized social network for sharing text updates. 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 told Reuters in an emailed statement., citing sources. The report said Meta's new content app would support ActivityPub, the decentralized social networking protocol that powers Twitter-rival Mastodon and other federated apps.
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