Since I can't edit: I assume the talks are about setting up some kind of new Meta service / server, or possibly just integrating FB / IG as is into the activity pub protocol. If they do it will probably have insane moderation out the gate. They definitely will bring their world renowned AI moderation tools to the fediverse, if they are planning to join, which is going to be hilarious to watch unfold. All in all it will probably not have much lasting effect on the fediverse as a whole, it might get some money towards Mastodon though. I just am having a hard time imagining Facebook trying to own the fediverse, since by it's nature, it's so hard to control. Why even bother having people leave your walled garden with targeted ads?