Meta is exploring a standalone decentralized social community for sharing textual content updates, an organization spokesperson stated on Friday, in what could possibly be a direct competitor to billionaire Elon Musk’s Twitter.
“We’re exploring a standalone decentralized social community for sharing textual content updates. We imagine there’s a chance for a separate house the place creators and public figures can share well timed updates about their pursuits,” a Meta spokesperson informed Reuters in an emailed assertion.
Earlier within the day, the Indian enterprise information web site Moneycontrol.com first reported the information, citing sources. The report stated Meta’s new content material app would assist ActivityPub, the decentralized social networking protocol that powers Twitter-rival Mastodon and different federated apps.
Whereas Twitter and Fb are managed by one authority – an organization – decentralized platforms comparable to Mastodon are put in on 1000’s of pc servers, largely run by volunteer directors who be part of their programs collectively in a federation.
Meta’s new app could be Instagram-branded and can enable customers to register or login by their Instagram credentials, in accordance with the Moneycontrol report.
Earlier this week, Bloomberg Information reported that Meta would reduce 1000’s of jobs as quickly as this week in a recent spherical of layoffs, only some months after the Fb-parent lowered greater than 11,000 individuals from its workforce.
The brand new spherical of job cuts is being pushed by monetary targets and is separate from the “flattening,” the report stated, citing individuals aware of the matter.
Meta declined to touch upon the Bloomberg report when contacted by Reuters.
Final month, the Washington Publish newspaper reported that Meta was planning to chop jobs in a reorganization and downsizing effort.
Meta, at the moment, declined to remark, however spokesperson Andy Stone in a sequence of tweets cited a number of earlier statements by Chief Govt Officer Mark Zuckerberg suggesting that extra cuts had been on the best way.
© Thomson Reuters 2023
