It is reported that Meta aims at the loss of Twitter users and is developing decentralized competitive products.

CTOnews.com, April 27 (Xinhua) after Musk took the helm of Twitter, he formulated a series of controversial measures, resulting in the loss of many advertising owners, media organizations and ordinary users. Sources say Meta is aiming at this opportunity and is building a decentralized Twitter competition.

According to foreign technology media moneycontrol, Meta is developing a Twitter-like product codenamed "P92" that supports ActivityPub decentralized social protocols.

CTOnews.com learned from the report that the "P92" product will use the Instagram brand and will be allowed to log in to the product using an Instagram account.

Moneycontrol also saw a copy of an internal product profile detailing the functionality of the application and various product features. The progress of the development of "P92" is not clear, and insiders say the project is still in progress.