Meta says it's working on a Twitter-like social network

• Meta confirmed that it's exploring plans for its own Twitter-like social network, per Platformer.
• The project, codenamed "P92," is planned to be decentralized like Mastodon, Moneycontrol reported.
• It follows a score of problems at Elon Musk's Twitter, and Meta's launch of paid verification.

Meta is exploring plans for its own text-based social network similar to Twitter, the company told Platformer.

"We believe there's an opportunity for a separate space where creators and public figures can share timely updates about their interests," a Meta representative told the tech newsletter.