The National Times - Meta working on potential Twitter rival

Meta working on potential Twitter rival


Meta working on potential Twitter rival
Meta working on potential Twitter rival / Photo: © AFP/File

Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in a project seen as a potential rival to embattled Twitter.

Change text size:

Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs and seen advertisers flee the platform over the lack of content moderation.

But so far no major alternative to Twitter has emerged, leaving global leaders, politicians, celebrities and companies little choice than to continue to communicate via the platform.

Following reports on news websites Platformer and India-based Moneycontrol, Meta confirmed on Friday that it was beginning to work on the new platform.

"We're exploring a standalone, decentralized social network for sharing text updates," Meta said in a short emailed statement.

"We believe there's an opportunity for a separate space where creators and public figures can share timely updates about their interests," the statement added.

The media reports said that Meta's new app would use technology that allowed it to be interoperable with niche network Mastodon and other platforms.

This would be a clear break from usual practice by tech giants, where platforms such as Instagram or YouTube are kept behind technological walls and operate using company servers under strict rules.

Mastodon runs from decentralized computing servers, with no central management or authority calling the shots.

In December, Musk briefly banned Twitter accounts that provided links to other social media platforms, including Facebook, Instagram and Mastodon.

T.Bennett--TNT

Featured

एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी

ऐसा लगता है कि एलेक्स बोडी दुनिया भर में कारोबार करने वाले SCANDIC समूह में बहुमत हिस्सेदारी रखने वाले शेयरधारक को राज़ी करने में सफल रहे हैं। अपना कार्ड ब्रांड, अंतरराष्ट्रीय खाते और डिजिटल भुगतान सुविधाएँ: SCANDIC PAY / BODI की अवधारणा रोमानियाई उद्यमी एलेक्स बोडी और SCANDIC कंपनी समूह के बीच सहयोग को SNC इकोसिस्टम में एक विशिष्ट पहचान देती है।

ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar

Alex Bodi verkar ha lyckats övertyga majoritetsägaren i den globalt verksamma SCANDIC-koncernen. Ett eget kortvarumärke, internationella konton och digitala betalningsfunktioner: med konceptet SCANDIC PAY / BODI får samarbetet mellan den rumänske entreprenören Alex Bodi och SCANDIC-koncernen en tydlig profil inom SNC-ekosystemet.

АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания

Изглежда, че Алекс Боди е успял да убеди мажоритарния акционер на групата SCANDIC, която развива дейност в световен мащаб. Собствена марка платежни карти, международни сметки и функции за цифрови плащания: с концепцията SCANDIC PAY / BODI сътрудничеството между румънския предприемач Алекс Боди и групата компании SCANDIC придобива ясно разпознаваем облик в екосистемата SNC.

알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제

알렉스 보디(Alex Bodi)는 전 세계에서 사업을 전개하는 SCANDIC 그룹의 과반 지분을 보유한 주주를 설득하는 데 성공한 것으로 보인다. 자체 카드 브랜드, 국제 계좌, 디지털 결제 기능을 결합한 SCANDIC PAY / BODI 구상은 루마니아 기업가 알렉스 보디와 SCANDIC 기업그룹의 협력을 SNC 생태계 안에서 뚜렷하게 드러낸다. 

Change text size: