General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow long before someone on the right tries taking over bluesky
And do to it what elmo did to Twitter
Irish_Dem
(60,754 posts)Fullduplexxx
(8,382 posts)Irish_Dem
(60,754 posts)The plans are being made as we speak.
rampartd
(1,135 posts)don't you think?
gordianot
(15,539 posts)They already bought Morrning Joe.
sir pball
(4,946 posts)Last edited Sun Dec 1, 2024, 09:46 AM - Edit history (1)
It's not a public company, with stocks that can be bought out to gain control like what happened with Twitter. It's private; the ownership is divided among several people but the majority stake is held by founder Jay Gruber, who seems like a level enough person that she wouldn't sell out even if someone dangled a several-billion-dollar bag of cash in front of her. I suppose the new administration could flex some fascist muscle and claim some kind of eminent domain malarkey or something, but in a normal society BSky is safe.
https://en.wikipedia.org/wiki/Bluesky#Corporate_structure
https://bsky.social/about/faq
maxrandb
(16,052 posts)Surrender in advance is the medias new norm.
Sugarmaggie
(141 posts)Couple of bulletpoints
Bluesky CEO Jay Graber told CNBC that Bluesky's open design is intended to give users the option of leaving the service with all of their followers, which could thwart potential acquisition efforts.
"The billionaire proof is in the way everything is designed, and so if someone bought or if the Bluesky company went down, everything is open source," Graber said.
Not sure anything is bulletproof
Blue Full Moon
(1,391 posts)Bill Ackman, a billionaire hedge fund manager and big Democratic donor. He proposes buying and shutting down Bluesky to prevent further fracturing of the town square.