Meta exploring plans for Twitter rival


FILE PHOTO The logo of Meta Platforms is seen in Davos Switzerland May 22 2022. Picture taken May 22 2022.   REUTERSArnd WiegmannFile Photo

FILE PHOTO: The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photo

(Reuters) -Meta Platforms Inc is exploring plans to launch a new social media app in its bid to displace Twitter as the world's "digital town square".

"We're exploring a standalone decentralized social network for sharing text updates. 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 told Reuters in an emailed statement.

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