Jack Dorsey is taking another whack at a Twitter-like service with a new social media platform called Bluesky.
The service is gaining traction among Twitter power users, attracting prominent personalities including US Congresswoman Alexandria Ocasio-Cortez.
Bluesky, which bears similarities to the blue bird platform, is the latest in a long list of apps that are looking to steal Twitter's thunder after Elon Musk's chaotic takeover of the company.
What is Bluesky?
It is a text-focused social media service launched for select users in February. Users can post short messages of up to 300 characters as well as pictures.
There is no support for videos and direct messages so far.
Bluesky runs on a decentralised framework, similar to social network Mastodon. It allows users to build independent social media experiences and users can join a specific “server”, which has its own unique set of rules, interests and participants.
How does it compare to Twitter?
Bluesky offers a similar experience to Twitter — people create profiles and post short messages with text and images.
On the timeline, Bluesky has “What's hot” and “Following” feed, similar to the curated “For You” and the chronological “Following” feeds on Twitter.
Unlike Twitter, Bluesky's core framework allows for various customisations.
“Instead of one site running the network, you can have many sites. It means you get a choice of provider, and individuals and businesses can self-host if they want,” the company said in a blog post in October.
Who is behind Bluesky?
It was started by Mr Dorsey as a project within Twitter in 2019 and was set up as an independent company in 2022. As of April 2022, it had raised $13 million from Twitter.
Mr Dorsey, Jeremie Miller, the inventor of communication protocol Jabber/XMPP, and Jay Graber, chief executive of Bluesky, are its board members.
Is Bluesky taking on Twitter?
It is too soon to say. The company told Bloomberg News it had more than 40,000 users.
The company began to sign up users on the wait-list early this year and announced its biggest single-day jump last week.
While its user base is still small, Bluesky has attracted many power users including writer and comedian Dril, following frustrations with Mr Musk's management of Twitter and the recent changes to the platform.
Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
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Top financial tips for graduates
Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:
1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.
2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.
3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.
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Global state-owned investor ranking by size
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