The website for Loops.video now has a countdown timer, indicating three days until... something. Either Skynet awakening, or the opening for registration of the new federated TikTok style app.

@[email protected] · 6 days ago

wanderingmagus · 1 day ago

It stands for “embrace, extend, extinguish”, a strategy used by Microsoft in the past to take over formerly open source projects.

Many people speculated that the creation of Threads and one-way federation was a similar tactic, and now with the Loops thing.

@tomsh · 15 hours ago

Thank you for the explanation, it makes sense, destroy them while they are small.