How Bluesky rose out of Twitter's ashes to challenge X and Threads [CNBC]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: CNBC
There are no immediate plans for Bluesky to build an online ad business, but the company is open to the idea as long as it's not an intrusive experience, COO Rose Wang said. Bluesky's decentralized and open nature makes the app “billionaire-proof” because users can take their data elsewhere at any moment, CEO Jay Graber told CNBC's “Money Movers.” It only took a high-profile U.S. presidential election to introduce millions of people to Bluesky. The micro-blogging startup said it has gained 8.7 million new users since Election Day, underscoring consumer appetite for an alternative to Elon Musk's X, formerly known as Twitter, and Meta's Threads. And while these larger social media platforms still dwarf Bluesky, the startup now has more than 22 million users and is not showing any signs of slowing down. Bluesky's surge may seem sudden, but it has been experiencing bursts of user growth for more than a year, COO Rose Wang told CNBC. In September, Bluesky said 2 million users fl
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News
- Similarweb Ltd. (NYSE: SMWB) had its price target raised by analysts at Northland Securities from $15.00 to $17.00. They now have an "outperform" rating on the stock.MarketBeat
- UK police forces quietly withdraw from X platform amid content concerns [Yahoo! Finance]Yahoo! Finance
- UK police forces quietly withdraw from X platform amid content concerns [Yahoo! Finance Canada]Yahoo! Finance Canada
- Threads tests the ability for users to choose their preferred default feed [Yahoo! Finance]Yahoo! Finance
- Threads tests the ability for users to choose their preferred default feed [TechCrunch]TechCrunch
SMWB
Earnings
- 11/12/24 - Beat
SMWB
Sec Filings
- 11/26/24 - Form 144
- 11/26/24 - Form 144
- 11/26/24 - Form 144
- SMWB's page on the SEC website