Bluesky finds with growth comes growing pains - and bots [Yahoo! Finance Canada]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: Yahoo! Finance Canada
The platform grew out of the company then known as Twitter, championed by its former CEO Jack Dorsey. Its decentralized approach to social networking was eventually intended to replace Twitter's core mechanic . That's unlikely now that the two companies have parted ways. But Bluesky's growth trajectory — with a user base that has more than doubled since October — could make it a serious competitor to other social platforms. But with growth comes growing pains. It's not just human users who've been flocking to Bluesky but also bots, including those designed to create partisan division or direct users to junk websites. The skyrocketing user base — now surpassing 25 million — is the biggest test yet for a relatively young platform that has branded itself as a social media alternative free of the problems plaguing its competitors. According to research firm Similarweb, Bluesky added 7.6 million monthly active app users on iOS and Android in November, an increase of 295.4% since Octob
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SMWB
Earnings
- 11/12/24 - Beat
SMWB
Sec Filings
- 12/20/24 - Form 144
- 12/19/24 - Form 144
- 12/18/24 - Form 144
- SMWB's page on the SEC website