Musk bought Twitter, Dorsey released the new Beta of the Social-Media company

  • Jack Dorsey’s decentralized social networking platform Bluesky Social is now accepting beta users.
  • The news coincides with Musk’s acquisition of Twitter, which Dorsey founded and ran for several years.
  • Dorsey left Twitter in 2021 and named Parag Agrawal as his successor, whom Musk quickly fired.

As Elon Musk was finalizing his purchase of Twitter, Jack Dorsey, the company’s founder and former CEO, announced a beta version for a new social media company.

Dorsey’s blockchain-based Bluesky Social announced last Tuesday that it will soon go live and is currently recruiting users for beta testing. The initial news garnered 30,000 registrations within two days, company representatives said he said. Users can still sign up to sign up for the app to become beta users before the platform is publicly available.

Bluesky’s website he said It aims to support “a new foundation for social networking that gives creators independence from platforms, developers the freedom to create, and users choice in their experience.” According to Gizmodo, one of Bluesky’s main selling points is that its technology — which it calls the “AT Protocol” — will put users in control of their algorithms.

Dorsey had he said in 2019 that Twitter was funding work to develop “an open and decentralized social media standard.”

In private text messages between Dorsey and Musk that became public during Musk and Twitter’s months-long legal saga, Dorsey said: “It needs a new platform. It can’t be a company. That’s why I left.” He went on to say that Twitter should have an “open source protocol” similar to the encrypted messaging app Signal, adding that Twitter “can’t have an advertising model.”

Dorsey co-founded Twitter in 2006 and had many years as CEO, most recently from 2015 until November 2021, when he stepped down. Parag Agrawal, who was then the company’s chief technology officer, replaced him. Shortly after taking over Twitter this week, Musk fired Agrawal, as well as Ned Segal, the chief financial officer. Vijaya Gadde, the legal head. and Sean Edgett, the general counsel.

Musk reportedly fired them “for reasons” to avoid paying severance pay and unvested stock awards, a person familiar with the matter told The Information.

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