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Home News Latest News

Jack Dorsey Exits Bluesky’s Board of Directors

6 May 2024
in Latest News, News
Reading Time: 3 mins read
108 2
Jack Dorsey Exits Bluesky’s Board of Directors

source: twitter.com

Jack Dorsey has announced his departure from the board of Bluesky, the decentralised social media platform he helped create and fund since 2019 and during his tenure as Twitter’s CEO.

Bluesky officially confirmed Dorsey’s exit in a statement on May 5. The company noted that it is actively seeking a replacement for his position and expressed gratitude for his instrumental role in the platform’s inception and financial backing.

“With Jack’s departure, we are searching for a new board member for the Bluesky public benefit company who shares our commitment to building a social network that puts people in control of their experience. More to come!”

the platform noted.

Neither Bluesky nor Dorsey provided specific reasons for his departure, and Bluesky has yet to respond to requests for comment. 

Earlier, Dorsey responded with a “no” to a query from an X (formerly Twitter) user about his current status on Bluesky’s board. 

In the meantime, Dorsey has been active on X in recent times, promoting his grants for open interest protocols and referring to the Elon Musk-owned platform as “freedom technology.” 

Big Tech Alert, a tech sector executive social activity tracker on X, noted that Dorsey had significantly reduced his follow list, retaining only three individuals: Musk, Stella Assange (wife of Julian Assange), and NSA contractor-turned-whistleblower Edward Snowden. This move, alongside Dorsey’s continued following of Musk and his endorsement of X, suggests a possible reconciliation between the two tech figures.

Dorsey reportedly had a conflict with Musk in April 2023 when he criticised the latter’s management of X, stating that the board should not have sold the platform to him.

Bluesky was initially announced by Dorsey in late 2019 during his tenure as Twitter’s CEO, with the goal of developing an open and decentralized standard for social media. The platform entered beta testing in March 2023 and was fully opened to the public on February 7, 2024, amassing approximately 5.6 million users, according to its own data.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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