Meta is reportedly developing a decentralized social network codenamed "P92" to allow creators and public figures to share text-based updates. Previously, in December, it was reported Meta is building the next Twitter following the chaos brewed under Musk's leadership. "Twitter is in crisis and Meta needs its mojo back," one Meta employee wrote in a post. "LET'S GO FOR THEIR BREAD AND BUTTER." Check out more of Benzinga's Consumer Tech coverage by following this link. Read Next: Mark Zuckerberg Under Fire As Allegations Of Ignoring Social Media Addiction Among Adolescents Surface