Instagram readies Twitter competitor for summer release: Report

Meta Platforms' Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon as June, Bloomberg News reported on Friday.

Reuters
Meta Platforms' Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon as June, Bloomberg News reported on Friday, citing people familiar with the matter.

The Facebook parent is testing the product with influencers and some creators, according to the report.

The company did not immediately respond to a Reuters request for comment.


Meta has been contacting talent agencies and celebrities to gauge their interest in trying an early version of the app, which will be integrated with Instagram, said Alex Heath, reporter at the Verge, in a newsletter.

"The decentralized app is built on the back of Instagram but will be compatible with some other apps like Mastodon," according to a newsletter by Lia Haberman, who teaches social and influencer marketing at UCLA in California.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › Instagram readies Twitter competitor for summer release: Report
Text Size:AAA
Success
This article has been saved

*

+