• Facebook’s parent company, Meta, is considering a decentralized, text-based social media platform comparable to Twitter after some users, many of whom are Left-leaning, are seeking alternatives due to the company’s acquisition by Elon Musk.
• The initiative, codenamed P92, could be accessed by Facebook and Instagram users with their existing credentials. Adam Mosseri, who oversees Instagram, is leading the project.
• “We’re exploring a standalone decentralized social network for sharing text updates,” Meta said in a statement provided to The Platformer. “We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests.”

Tagged: Media