"Instagram's Twitter Competitor Sparks Response from Industry Leaders"

1 min read
Source: Fox Business
"Instagram's Twitter Competitor Sparks Response from Industry Leaders"
Photo: Fox Business
TL;DR Summary

Reports of Instagram developing a text-based app similar to Twitter prompted a "Game On!" response from Twitter's next CEO Linda Yaccarino. The app's launch could happen as early as the end of June and may include compatibility with Mastodon. Meta Platforms, which owns Instagram, is exploring a standalone decentralized social network for sharing text updates. Yaccarino's appointment as Twitter CEO was announced on May 12, and she has expressed her commitment to the platform's future. Twitter has recently added new features, including encrypted DMs for some users.

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