Twitter and its owner Elon Musk may soon face competition if social media giant Facebook goes forward with its plan to create a new platform.
Facebook is considering a social media platform to compete with Twitter. Meta, Facebook’s parent company, also owns social media giant Instagram.
Meta is weighing the change that is currently under development under the name P92, which would be separate from Facebook. According to information released so far, the new platform would use the same login as Instagram.
Meta confirmed that the company is “exploring a standalone decentralized social network for sharing text updates.” This potential network would mirror the model for Twitter.
— Forbes (@Forbes) March 10, 2023
Furthermore, the potential project would decentralize its data using a number of decentralized servers, similar to the existing social media network Mastodon.
Little is known about the prospective Meta project, but its launch would likely be seen as a direct competitor for Twitter. Twitter has seen considerable attention over the last year, especially since the involvement of tech billionaire Elon Musk.
Twitter has come under considerable criticism especially from left-wing causes after Musk’s purchase of the company in 2022. In particular, Musk received considerable flak after lifting suspensions on a number of right-leaning accounts, including former President Donald Trump.
Musk riled up many in the media after releasing a series of communications between the former team of Twitter and figures in the Democratic Party. These emails and messages have been deemed “the Twitter Files.”
The collaboration between the former owners of Twitter and the U.S. government is the topic of a major series of hearings on Capitol Hill last week.
The previous administrators of Twitter, as well as Facebook, censored the New York Post’s correct story on Hunter Biden’s laptop during the runup to the 2020 election. The coordination between the social media companies and the Democratic Party is believed by some to be a major factor in the outcome of the presidential race between Donald Trump and Joe Biden.