this post was submitted on 05 Oct 2024
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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.
Thank you for the explanation, it makes sense, destroy them while they are small.