Twitter Inc. Chief Executive Officer Jack Dorsey wants to change how social networks operate and interact with one another. On Monday, his nebulous effort to make that happen took a small step forward.
Twitter said that Bluesky, the open-source project the company first announced in 2019 to build a “decentralized standard for social media,” will be led by Jay Graber, a startup founder and cryptocurrency developer. Bluesky will be funded by Twitter but operate independently. At a Bitcoin conference in late July, Dorsey said that Bluesky was his “biggest focus right now.”