- cross-posted to:
- fediverse@lemmy.world
- cross-posted to:
- fediverse@lemmy.world
I don’t know if you have heard, but Loops.video is a Reels/Tiktok like app from the creator of Pixelfed. I recall it being announced, and checked just now on a whim. All of a sudden, it appears pretty close to ready to launch!
It’s a shame, I hope it will succeed. Do you think Meta’s move is related and intentional?
Very possible. It’s not like Loops was a secret, and it would be a direct competitor to Instagram Reels. Plus, E/E/E and all that.
I don’t follow too much, so I don’t know what E/E/E/ is, but it would be interesting if Meta is afraid of the fediverse.
It stands for “embrace, extend, extinguish”, a strategy used by Microsoft in the past to take over formerly open source projects.
https://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguish
Many people speculated that the creation of Threads and one-way federation was a similar tactic, and now with the Loops thing.