Meta (Facebook) Is Developing a Twitter Rival

[Tsing]

Mark Zuckerberg seems to think he can build a better version of Twitter. In a statement to Moneycontrol, a spokesperson with Meta, Facebook's parent company, revealed that it is currently developing a decentralized social network for sharing text updates, and while the blue bird headed by Elon Musk wasn't directly named, the project, codenamed P92, sounds an awful like Twitter, as pointed out by CNN, which received a separate but similar statement that offers insight as to why Meta is pursuing this. Adam Mosseri, who heads Instagram, is reportedly leading the project.

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