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Instagram is working on Twitter to share text updates

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Instagram owner Meta is exploring a standalone decentralized social network for sharing text updates, a company spokesperson said on Friday.

Axar.az reports the new social media app would be a direct competitor to billionaire Elon Musk’s Twitter.

‘We’re exploring a standalone decentralized social network for sharing text updates. We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests,’ a Meta spokesperson told Reuters in an emailed statement.

Earlier in the day, the Indian business news website Moneycontrol.com first reported the news, citing sources.

Date
2023.03.10 / 16:34
Author
Axar.az
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