Facebook and Instagram parent Metaplatforms Inc. META has reportedly been discussing how to build the next one Twitter after this Chaotic ride the social media platform has had under a new leader Elon Musk.
What happened: Last month, Meta employees participated in a virtual brainstorming session to discuss ideas for building a Twitter rival. according to to the New York Times.
“Twitter is in crisis and Meta needs its mojo back,” a Meta contributor wrote in a post. “LET’S GO FOR YOUR BREAD AND BUTTER.”
Many ideas came up during the session, including introducing Instagram’s new “Notes” feature, building a text-based app using Instagram’s technology, and adding a new Twitter-like feed to Instagram. They suggested names for the features like Realtime, Real Reels and Instant.
Why it matters: A race continues to dethrone Twitter and capitalize on the chaos of his new regime under Musk acquired the microblogging site for $44 billion in October, the report noted.
Since Musk started his Twitter CEO journey, a barrage of new features, policies, and plans got introduced, Some of them have yet to make good friends with Internet users.
In November, Musk laid off many employees from the company across departments. Musk’s new approach to content moderation also raised concerns. oreos biscuit maker Mondelez International Inc. pulled ads from the platform and said Musk’s acquisition has sparked hate speech “increase significantly”.
Continue reading: Mark Zuckerberg on Elon Musk’s approach to moderating Twitter content: ‘It’s going to be very interesting…’
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