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Bluesky has surged to 24 million users following the US election, prompting CEO Jay Graber to emphasize a commitment to maintaining a positive user experience without ads. To monetize, the platform plans to introduce subscription services for enhanced features, although recent growth has delayed this rollout. As Bluesky expands, it has increased its content moderation team from 25 to 100 contractors to manage the influx of users effectively.
U.S. markets rose after Nvidia's earnings report, with the S&P 500 up 0.53% and the Dow Jones climbing 1.06%. Despite Nvidia's impressive revenue growth, its shares only increased 0.5% due to concerns over slowing growth and conservative sales projections. Bitcoin approached $100,000, fueled by optimism following Trump's election, while the Fed faces pressure amid inflationary policies.
Bluesky, led by CEO Jay Graber, has gained traction as a competitor to X and Threads, boasting over 21 million users. Graber emphasizes the platform's "billionaire proof" design, allowing users to retain their followers and migrate easily, contrasting with the turmoil seen at Twitter post-Musk's acquisition. The company, which became independent in 2022, plans to enhance its open-source model and expand its developer ecosystem while avoiding algorithm-driven advertising.
Jay Graber
People
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Bluesky Surges to 24 Million Users Amid Promises to Avoid Ads
01:13 04.12.2024
vidia earnings boost markets while bitcoin approaches 100000 barrier
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02:11 22.11.2024
bluesky ceo claims platform is billionaire proof amid rising competition
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19:07 21.11.2024
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