Bluesky CEO Jay Graber says X rival is ‘billionaire proof' [CNBC]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: CNBC
“The billionaire proof is in the way everything is designed, and so if someone bought or if the Bluesky company went down, everything is open source,” Graber said. Bluesky has accumulated over 7 million new users in the two weeks since the U.S. presidential election, and now has over 21 million users. Bluesky has surged in popularity since the presidential election earlier this month, suddenly becoming a competitor to Elon Musk's X and Meta's Threads. But CEO Jay Graber has some cautionary words for potential acquirers: Bluesky is “billionaire proof.” In an interview on Thursday with CNBC's “Money Movers ” Graber said Bluesky's open design is intended to give users the option of leaving the service with all of their followers, which could thwart potential acquisition efforts. “The billionaire proof is in the way everything is designed, and so if someone bought or if the Bluesky company went down, everything is open source,” Graber said. “What happened to Twitter couldn't happ
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