Instagram is developing a text-based social network Business RusLetter
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Instagram (owned by Meta, recognized as extremist and banned in the Russian Federation) is developing a text-based social network that will compete with Twitter. About it writes Bloomberg citing sources.
It is reported that at the moment negotiations are underway with celebrities and influencers about the promotion of the new social network. At the same time, according to one of the sources, so far no one has gained access to the application.
Leah Haberman, a professor of social marketing at UCLA, said the new social network will be compatible with Instagram, Mastodon and other social networks. For example, if a user blocks someone’s Instagram account, they will be blocked on the new social network as well.
Posts on the new social network will be 500 characters long. You can attach images and videos to them. The release of the application may take place as early as June.
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