Categories: Brands & Marketing Headline

Days After Elon Musk Acquired Twitter, Jack Dorsey Launches New Social Media Company

Dorsey’s blockchain company, Bluesky social, announced that it is currently enlisting users for its beta testing.

Advertisement
Advertisement

Former Twitter owner, Jack Dorsey launches new social media company days after Elon Musk acquires Twitter for N19.2trn ($44bn)

Barely a week after billionaire businessman Elon Musk acquired Twitter the platform’s founder, Jack Dorsey, has launched a new social media firm.

Newsonline reports that Dorsey’s blockchain company, Bluesky social, announced that it is currently enlisting users for its beta testing.

Also: Musk Twitter Deal Reportedly Set To Go Through At $54.20 A Share

This comes barely a week after billionaire businessman Elon Musk snapped up Twitter in an N19.2trn $44 billion long-drawn deal.

Dorsey’s blockchain company, Bluesky social, announced that it is currently enlisting users for its beta testing.

According to the company’s representatives, the announcement enticed about 30,000 users to sign up within two days.

BlueSky claims that it will enable users to move between a number of social platforms with just one high-quality browser in its app. This will let users control what they see and how much data is provided to social platforms (algorithmic choice).

According to reports, the company could be using web3 to achieve this performance in the network.

 

Additionally, BlueSky promises its users that AT Protocol will ensure anonymity for unaccountable cooperations owning a person’s online identity. Accounts, however, can be moved from one provider to another without data or social graph loss.

Dorsey stated in 2019 that Twitter is morphing into an open and decentralised standard for social media.

 

Elon Musk slashes Twitter verification fee to $8

Elon Musk, a few days after purchasing Twitter announced a reduction of the micro-blogging platform fee from $20 per month to $8 per month.

Musk announces this in a series of tweets on Tuesday, Punch reports.

 

He lists the benefits of owning a paid verified handle as a priority in replies, mentions, and search, which, according to him, is essential to defeating spam/scams.

Musk also lists the ability to post long videos and audios and paywall bypass for publishers, among others, as part of the benefits.

Advertisement
NewsOnline Editorial Team

Recent Posts

  • Economy And Business

BREAKING: Dangote Refinery Crashes Petrol Price Massively

Dangote Refinery has crashed petrol price massively.   NewsOnline Nigeria reports that Dangote Refinery has…

3 hours ago
  • Economy And Business

BREAKING: PDP Urges NASS Not To Pass Tinubu’s ‘Anti-People’ 2025 Budget

PDP has urged NASS not to pass Tinubu’s 'anti-people' 2025 budget.   NewsOnline Nigeria reports…

4 hours ago
  • Crime Watch

BREAKING: Former Governor Bello Commences Fresh Bail Battle At FCT High Court

Former Governor Bello has commenced a fresh bail battle at the FCT High Court.  …

4 hours ago
  • Crime Watch

BREAKING: President Tinubu To Use AI To Fight Bandits, Terrorists In 2025

President Tinubu is set to deploy AI to fight bandits and terrorists in 2025.  …

4 hours ago
  • Headline

BREAKING: National Bureau of Statistics Official Website Hacked

National Bureau of Statistics Official Website has been hacked.   NewsOnline Nigeria reports that the…

4 hours ago
  • Featured

Open Heaven 19 December 2024 RCCG Daily Devotional

Open Heaven 19 December 2024 RCCG Daily Devotional can be accessed below.   NewsOnline Nigeria…

4 hours ago