Twitter, Elon Musk‘s own microblogging network, may face stiff competition in the future from Facebook and Instagram’s parent firm Meta. Meta claimed to be thinking about developing a social network similar to Twitter.
The company has acknowledged that it is looking into the potential of using a different social network to share text updates.
A representative for Meta said, “We are examining the potential of a distinct social network for posting text updates, where creators and public figures will be allowed to share information of their choice,” in a statement to America’s magazine “Variety”.
Company working on P92 project
To compete with Twitter, the business is working on a project called P92. Users will have the option of logging in with their Instagram account on the social media platform.
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