Meta is exploring the possibility of creating a new social network in which information can be shared, CNN reported, citing a company spokesperson.
“We believe there is an opportunity for a separate space where content creators and public figures can share timely information on their interests,” a Meta spokesperson said in a statement to CNN.
The network notes that the envisioned social network is similar in concept to Twitter.
It is planned that this platform will be decentralized, that is, users will be able to create different servers or communities, each with its own rules, but not one central platform.
U.S. billionaire Ilon Musk bought Twitter for $44 billion last year. The deal, announced in April, was not closed until late October after lengthy litigation between the parties over the disclosure of fake accounts. Since buying the company, Musk has repeatedly stated his intention to respect free speech on the platform.
A number of media outlets have noted that the new platform will be linked to Instagram, allowing users of that social network to access it from their existing accounts.
The Snapchat social network has placed its office and the R&D division in the UNIT.City innovative park in Kyiv, Managing Partner and CEO of UNIT.City Maksym Yakover has written on his Facebook page. “Snapchat has become a resident of UNIT.City. Almost a year of work for a large team to make it happen. We have an office and an R&D division, which, by the way, is actively expanding now,” he said.
Yakover said that Snapchat is one of the most innovative companies in the world.
Snapchat is a mobile photo messaging and multimedia sharing application which capitalization is $8 billion and which has 186 million active users a day. The application was released in September 2011 by Evan Spiegel, Bobby Murphy, and Reggie Brown.
In 2015, Snapchat bought a Ukrainian startup (Odesa) for $150 million.
As reported, businessman Vasyl Khmelnytsky intends to expand the area of the UNIT.City innovative park in Kyiv from 19 hectares to 26 hectares.
The managing partners of UNIT.City are Maksym Bakhmatov and Maksym Yakover (the CEO of the park).
Yakover is also a co-owner of the Chasopys creative co-working space at 3 Lva Tolstoho Street in Kyiv.
