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iOS AppStore privacy preview for Meta’s upcoming ActivityPub-based app Threads
(media.kbin.social)
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I'm sure someone will post the relevant article about embrace, extend, extinguish tactics used by corporate entities. I don't have the link on hand.
That being said, my main concern is that Facebook (threads in this case) will immediately become the biggest instance by a huge margin. In turn, this will give them a lot of power over both the technical side of the fediverse (the protocol, the featured) and the tone of the community.