Meta and Twitter’s competitors are trying to capitalize Musk’s chaos

Meta declined to comment. Mr. Musk didn’t respond to our requests for comment.

It was one of the alternative services that quickly gained attention after Mr. Musk bought Twitter mastodonThe federal platform is also known as Mastodon and is a collection of social networks. Mastodon was founded in 2016 by Eugene Roshko (a 29-year-old software engineer). It cannot enforce platform-wide policies regarding which posts should be followed or removed. Anyone can create their own version of Mastodon’s original code, since Mastodon’s source code is freely available.

According to federal platform guide, Mastodon accounts have increased by nearly 33 percent since the beginning of October to reach six million. the Union. party. Mastodon does not have ads and is still crowdfunded. I encouraged people to start Mastodons of their own and hired more employees.

Mastodon didn’t respond to our requests for comment.

Hive Social, a social networking site founded in 2019, saw its users increase by 1.8 million last month. Raluca Pop (24 years old), is the founder of Hive Social. He attributes part of its growth to fan communities like those of K-pop or “Star Wars” who moved away from Twitter and found a new home on Hive Social.

The small business is trying to capitalize on the newfound interest to raise funding and hire more people. Ms. Pop, plus $25,000 from an investor private and more than $300,000.00 from a crowdfunding campaign. Pop stated that it currently has four employees and plans to hire more content moderators and engineers.

However, as more people joined, the platform encountered increasing difficulties, including multiple accounts. to shareSame username for both persons Not holding backUnsafe content is not safe for work. Ms. Pope stated that Hive Social temporarily shut down its servers on Thursday to address security issues.

“Twitter is going through many changes with the new leadership,” Ms. Pope said. It is perfect timing. Everything is in place.”

Social media companies with more experience are also beginning to try to catch people leaving Twitter.

TumblrThe microblogging website posted “Reasons To Join Tumblr”. threadHe joined Twitter about a week after Musk took over Twitter. He also participated memesThen there’s the Tumblr PostsAbout people who switch to Tumblr after leaving Twitter. The company began selling Important Blue Internet Check Marks starting at $7.99 – the exact same price as a monthly subscriber. Blue TwitterA service that Mr. Musk promotes, where users pay for features such as a checkmark to verify their identity.