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Bluesky Announces Jack Dorsey’s Departure
Bluesky recently confirmed Jack Dorsey’s departure from the decentralized social media company’s board of directors, raising questions among the tech community. Dorsey, the founder and former CEO of Twitter, announced his exit from Bluesky with a simple “no” response to a user’s inquiry on his Twitter account.
In a social media post, Bluesky expressed gratitude towards Dorsey for his contributions to funding and initiating the Bluesky project. The company stated, “With Jack’s departure, we are searching for a new board member who shares our vision of creating a social network that empowers users to control their social media experience.”
Bluesky Project Background
Bluesky project was initially announced by Dorsey in 2019 as an open and decentralized standard for social media. Initially launched as an invite-only platform, Bluesky has since opened up to the public and amassed approximately four million users. However, Dorsey’s unexpected departure has cast a shadow on the platform’s future.
While the exact reasons for Dorsey’s exit remain undisclosed, his recent activity on X, his old platform, has sparked curiosity. Dorsey unfollowed over 2,000 accounts and is now only following prominent figures like Elon Musk, Edward Snowden, and Stella Assange. Additionally, he has been active in commenting on various topics, referring to X as a “freedom technology” in a recent tweet.
Legal Scrutiny Surrounding Block
Recent reports from NBC News indicate that federal prosecutors are investigating the financial transactions of Block, another company founded by Dorsey. New York prosecutors are reportedly looking into alleged compliance violations related to economically sanctioned countries and crypto transactions from terrorist groups. Block has asserted that it maintains a robust compliance program to address these concerns.
Despite numerous inquiries, Bluesky and Block have yet to provide a formal response to these developments. Dorsey’s decision to step down from Twitter’s board in 2022 marked his exit from the social media giant he established. Dorsey’s critical comments on Elon Musk’s early decisions with Twitter in a 2023 interview raised speculation about his future endeavors.
In late 2023, Dorsey deleted his Bluesky account and indicated a shift towards other decentralized social media platforms. While his next steps remain ambiguous, it appears that Dorsey is distancing himself from Bluesky and exploring new ventures in the tech landscape.
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