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this post was submitted on 25 Jun 2023
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That's exactly the Meta we're talking about. The most likely explanation is that Facebook wants to compete with Twitter and/or Bluesky and is planning build an app using the the ActivityPub protocol, which is what sites like Mastodon and Lemmy use to communicate with each other. Basically the idea seems to be that Instagram users will be able to communicate with the rest of the Fediverse.
Two weeks ago, it turned out a couple of mods of the larger instances had had secret (!) meetings with Meta. In a reaction, a group of instances decided to start a pact to preemptively block Meta.
Technically every meeting is secret if you don't tell the public
These mods signed NDA's in order to meet with Meta. This means they cannot share what was discussed. This is one of the reasons there are so many rumours about Meta's plans and how these meetings fit in.
Fuck Facebook, but they kind of have to have those conversations under NDA. The rules on insider trading for publicly traded companies are strict, and you have to make sure conversations that impact your big picture strategy stay private and only become public through specific channels.