Meta Quietly Launches 'Forum' Reddit Competitor — Reddit Stock Drops 6%

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Meta released Forum, a standalone iOS app built around Facebook Groups, on May 22. The app features nickname-based posting, group-centric feeds emphasizing 'what real people are saying,' and an AI-powered 'Ask' tab that aggregates answers across communities. Posts sync bidirectionally with the main Facebook app. Reddit shares dropped nearly 6% on the news — Meta previously launched and killed a standalone Groups app in 2014-2017.