A text-based version of Instagram could potentially let users carry across followers from other apps.
The text-based network - which has a working title of P92 - could turn out to be a greater rival to Elon Musk's Twitter than either BlueSky or Mastodon.
But the Instagram community is enormous. Meta says it has around two billion users, which dwarfs the 300 million that are believed to use Twitter - although its figures can no longer be verified.
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