Jack Dorsey – pressnews

Jack Dorsey’s Bluesky Social gains 800k users in just one day, crosses 4-mn mark

8Feb

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Technology

Jack Dorsey’s Bluesky Social gains 800k users in just one day, crosses 4-mn mark

[ad_1] Jack Dorsey's Bluesky Social opened its doors to the public after a year of being in the invite-only phase, and it is safe to say that it is piquing users' curiosity. Since Elon Musk's takeover of X (formerly Twitter), decentralized platforms have grown in popularity, courtesy of those who have been disappointed by the myriad of changes rolled out on X. Although it was in an invite-only beta stage, Bluesky Social enjoyed a massive bump in popularity as it crossed 2 million users in November 2023. Now that it is accessible to the public without requiring any invite, users have flocked to Bluesky Social.Increase in Bluesky Social usersAccording to data that is publicly available, Bluesky Social gained 800,000 users (or “newskies”) on the first day itself. The microblogging platform...

Twitter Co-Founder Jack Dorsey’s Bluesky Opens Social Network to Everyone

7Feb

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Twitter Co-Founder Jack Dorsey’s Bluesky Opens Social Network to Everyone

[ad_1] Bluesky, the decentralized social network that was hatched by former Twitter Chief Executive Officer Jack Dorsey, is expanding its app to all interested users, abandoning an invite-only system that the service used to help regulate growth for the past year.The social network opened to the public last February, and now claims 3 million users, but Bluesky only allowed new users via an invite code to ensure the technology supporting the network could handle the traffic. Another key aspect of Bluesky, known as “federation,” is also coming at the end of February, said Jay Graber, Bluesky's CEO. Federation is a central part of Bluesky's mission, which will allow anyone to create their own social network using Bluesky's technology protocol. Those various networks will be interoperable,...

Jack Dorsey’s Block Cuts Jobs to Achieve Cap of 12,000 Staffers

31Jan

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Jack Dorsey’s Block Cuts Jobs to Achieve Cap of 12,000 Staffers

[ad_1] Block Inc. began cutting jobs as part of the firm's goal to cap its workforce at 12,000 employees. Block, run by Jack Dorsey, announced the cap when it reported third-quarter earnings in November, and took steps to achieve the goal on Tuesday, according to the company. Block, which offers the Cash App and Square payments services, said the goal of 12,000 staffers will be achieved by the end of the year. The company declined to give specific details on how many jobs were affected. It has sought to rein in costs amid efforts to boost earnings. Dorsey said in November that the workforce cap will be in place “until we feel the growth of the business has meaningfully outpaced the growth of the company.” In December, Tidal, the music streaming service once owned by recording artist Jay...

The year of social media soul-searching: Twitter dies, X and Threads are born and AI gets personal

25Dec

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The year of social media soul-searching: Twitter dies, X and Threads are born and AI gets personal

[ad_1] We lost Twitter and got X. We tried out Bluesky and Mastodon (well, some of us did). We fretted about AI bots and teen mental health. We cocooned in private chats and scrolled endlessly as we did in years past. For social media users, 2023 was a year of beginnings and endings, with some soul-searching in between.Here's a look back some of the biggest stories in social media in 2023 — and what to watch for next year: GOODBYE TWITTERA little more than a year ago, Elon Musk walked into Twitter 's San Francisco headquarters, fired its CEO and other top executives and began transforming the social media platform into what's now known as X. Musk revealed the X logo in July. It quickly replaced Twitter's name and its whimsical blue bird icon, online and on the company's San Francisco he...

Jack Dorsey’s Block Inc Furthers Bitcoin Foray With New Hardware Wallet Called Bitkey

8Dec

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Jack Dorsey’s Block Inc Furthers Bitcoin Foray With New Hardware Wallet Called Bitkey

[ad_1] Block Inc. is offering a new hardware Bitcoin wallet as crypto advocate Jack Dorsey focuses the payments company formerly known as Square more on security and self-governance for the digital-asset sector. Called Bitkey, the wallet allows users to self-custody the cryptocurrency on a hardware device that resembles a USB thumb drive. While similar products have been available for a while, the majority of crypto assets are still held on trading platforms. Dorsey unveiled the San Francisco-based company's efforts to develop the new hardware wallet and a Bitcoin mining system in 2021, with the goal of decentralizing the Bitcoin network and making both safe storage and mining of the digital asset more accessible. Users of the wallet can connect with crypto exchanges and payment s...

As Threads opts, Bluesky makes a big news play

15Oct

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As Threads opts, Bluesky makes a big news play

[ad_1] In a notable move, the social media platform Bluesky, supported by Jack Dorsey and boasting a flourishing user base of 1.5 million, has extended an invitation to journalists and news organisations. This invitation allows them to self-verify by setting their websites as their usernames. This development comes as Meta-owned Threads has decided to steer clear of featuring news on its platform. Bluesky has been experiencing rapid growth, attracting individuals with diverse interests spanning politics, sports, and entertainment. Although the platform is still in its early stages, its ambition is clear: to reach 10 million users. Bluesky is now providing the tools for organisations to manage verifications for their journalists. For example, a newsroom can verify its affiliated journali...

Bluesky gets its 1st third-party app! Graysky to launch soon on iOS and Android with new features

14Oct

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Bluesky gets its 1st third-party app! Graysky to launch soon on iOS and Android with new features

[ad_1] Bluesky, the decentralized X-rival (formerly Twitter) social media platform is all set to get its first third-party app. The platform, which continues to be invite-only, has more than 1.5 million users and can be accessed through its web client or its apps for iOS and Android. However, the Jack Dorsey-led social network continues to be in private beta and the official app lacks certain features that can make the platform more fun. Following the principles of decentralization, Bluesky offered its API to developers who'd like to build their own third-party apps where they can also offer new and improved features and a different user interface. While several such apps are currently in the development and testing stage, Graysky has become the first third-party Bluesky app to be deplo...

Bluesky, the X rival boosted by EU’s tech enforcer – 3 questions answered

12Oct

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Technology

Bluesky, the X rival boosted by EU’s tech enforcer – 3 questions answered

[ad_1] Since Elon Musk hollowed out Twitter's staffing, pushed services behind a paywall and renamed it X, many users have been thrashing around for an alternative social media platform.So far none has emerged as a clear winner, but EU commissioner Thierry Breton, alarmed at the disinformation on X, has just made a very public choice to switch to Bluesky -- one of the lesser-known X rivals. What is Bluesky?. The platform was created by Twitter co-founder Jack Dorsey as a side project in 2019.Dorsey put five engineers aside to build a decentralised alternative to Twitter.He said at the time that centralised attempts to police abuse and misinformation on a platform like Twitter were unlikely to work, and wanted to give users more control of personal data and content moderation.But Bluesky...

SEC Probes Twitter Security Lapse Before Elon Musk Took Over

11Oct

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Technology

SEC Probes Twitter Security Lapse Before Elon Musk Took Over

[ad_1] The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year. The agency has been scrutinizing whether the former top executives failed to adequately disclose those privacy issues to shareholders or put in place proper controls, according to people familiar with the matter who asked not to be identified discussing a confidential investigation. A bug on the social media platform had let outsiders view user email addresses during password resets, which revealed the identity of users, said one of the people.The executives in charge at the time included Twitter's former Chief Financial Officer Ned Segal and former Chief Technology Of...

This shocking Elon Musk comment sparked a new record for Jack Dorsey-led Bluesky

21Sep

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This shocking Elon Musk comment sparked a new record for Jack Dorsey-led Bluesky

[ad_1] Bluesky is a decentralized social app that was launched this year as an alternative to X (formerly Twitter). The app was co-founded by former Twitter CEO Jack Dorsey. Notably, since Musk's takeover of Twitter, whenever he says something shocking, it sparks an exodus of users from his platform to rivals like Bluesky. This has happened again. The app on September 19, 2023, saw a massive spike in new user signup after Musk made a shocking comment about making X a paid-only app for everyone. It immediately saw Bluesky log a fantastic new record of the most signups in a day on the portal. While it is not clear what caused the increase in users in a single day, but the comment might have had an impact on users' minds. Know how many new users joined X competitor Bluesky. Bluesky new use...