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Twitter’s Rivals Try to Capitalize on Musk-Induced Chaos

by New Edge Times Report
December 7, 2022
in Tech
Twitter’s Rivals Try to Capitalize on Musk-Induced Chaos
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Mr. Musk didn’t respond to requests for comment, and Meta declined to comment.

After Mr. Musk bought Twitter, one alternative service that immediately gained attention was Mastodon, which is known as a federated platform and functions as a collection of social networks. Started in 2016 by Eugen Rochko, a software developer who is now 29, Mastodon, by design, can’t enforce platform-wide policies on what posts to keep up or take down. And because Mastodon’s original source code is publicly available, anybody can create his or her own version of the service.

Since the beginning of last month, Mastodon accounts have grown nearly 33 percent to six million, according to the federated platform guide Fediverse.party. Mastodon has no ads and remains mostly crowdfunded. It has hired more employees and encouraged people to start their own versions of Mastodon.

Mastodon did not respond to requests for comment.

Last month, Hive Social, a social network founded in 2019, also more than doubled its users, to 1.8 million. Its founder, Raluca Pop, 24, attributed part of the growth to fan communities, like those for K-pop and “Star Wars,” moving away from Twitter and finding a new home on Hive Social.

The tiny company is trying to take advantage of the newfound interest to raise funding and hire more employees. Hive Social is funded through loans taken out by Ms. Pop, as well as $25,000 from a private investor and more than $300,000 from a crowdfunding campaign. It has four employees and is hoping to hire content moderators and more engineers, Ms. Pop said.

But as people have joined, the platform has run into growing pains, including multiple accounts sharing the same username and people not flagging content that is unsafe for work. On Thursday, Hive Social temporarily shut its servers to resolve security issues, Ms. Pop said.

“Twitter is going through a lot of changes with the new leadership,” Ms. Pop said. “The timing of it is kind of impeccable. Everything lined up for us.”

More established social media companies also began aiming to capture people departing Twitter.

Tumblr, the microblogging website, posted a “reasons to join Tumblr” thread about a week after Mr. Musk’s takeover of Twitter. It also shared memes and Tumblr posts about people leaving Twitter for Tumblr. Then it started selling “Important Blue Internet Checkmarks” for $7.99 — the same price as a monthly subscription to Twitter Blue, a service Mr. Musk has promoted where people pay for features including a verification check mark.

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