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Stock impact report

What is Bluesky when it's not the underdog? [TechCrunch]

Similarweb Ltd. Ordinary Shares (SMWB) 
Company Research Source: TechCrunch
Over the summer, the social media app saw a wave of new signups in Brazil after X (formerly Twitter) was temporarily banned there. And in the United States, unhappiness with changes at X, and with owner Elon Musk's close relationship with President-Elect Donald Trump, seem to have dramatically accelerated Bluesky's growth According to SimilarWeb , X's traffic and account deactivations both peaked the day after the presidential election. Bluesky, meanwhile, says it's started adding a million new users every day; on Saturday, the company announced that it now has 18 million total users, and it's currently the number one free app on Apple's App Store. This has, unsurprisingly, caused some problems, with periods of slowness or where the app just doesn't load, as well as challenges for content moderation and safety . In an interview with The New York Times , CEO Jay Graber acknowledged that there are “always some growing pains,” but she said her 20-person full-time team takes “pride i Show less Read more
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