Falter

Facebook-parent Meta is exploring building a new, standalone platform for sharing text updates, the company confirmed to CNN on Friday, in what could mark the most high-profile new contender to take on Twitter as it falters under Elon Musk.

“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 said in a statement to CNN, which essentially described Twitter’s mission statement without naming the platform.

The platform, plans for which were earlier reported by Platformer and MoneyControl, would be decentralized, meaning users could obviously create different servers or communities, each with their own rules rather than one central platform controlled by Meta. The concept is similar to Reddit or Discord, but a departure from how Meta’s other platforms function.
—CNN