Twitter’s Rivals, Including Meta, Try to Capitalize on Musk-Induced Chaos [The New York Times]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: The New York Times
SAN FRANCISCO — Last month, employees atMetaAmong the ideas Meta’s workers talked over was a more extensive rollout of a feature called Instagram Notes, where people can share short messages on the photo-sharing site with their followers and friends, according to posts of the conversation that were viewed by The New York Times. Others said Meta should build a text-focused app using Instagram’s technology or add another feed to Instagram. They floated names for the features such as Realtime, Real Reels and Instant.“Twitter is in crisis and Meta needs its mojo back,” one Meta employee wrote in a post. “LET’S GO FOR THEIR BREAD AND BUTTER.”A race is on to dethrone Twitter and capitalize on the chaos of its new ownership underElon Muskbought the social media companyMr. Musk has laid off thousands of employeesSensing opportunity, all manner of people and companies have jumped in to fill the potential breach. Apart from employees at Meta, former Twitter workers have begun projects for what
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