Jack Dorsey said Bluesky initiative would require to be re-assessed: Here’s why

Jack Dorsey, the founder of the microblogging social media platform Twitter has recently posted a tweet stating that the funding for the Bluesky initiative would require to be re-evaluated in case the possession of Twitter Inc. shifted to someone else. 

Dorsey noted in reply to a comment about Bluesky, “Twitter doesn’t own it.”  Nevertheless, “Funding would require to be reviewed.”

Also read: Yayoins Reviews: Is Yayoins.com Scam or Legit? Safe Shopping?

His tweet noted,

Yes. Twitter doesn’t own it. So a new owner of Twitter wouldn’t matter for some time. Funding would need to be reassessed. It has been slow, but this is an entirely new protocol in the open. They are slow but hopefully deliberate towards resilience

He further added that the development on Bluesky has been inactive for some time. So, the initiative is intended for making an exclusive protocol in order to enable several social networks to communicate.

However, we have previously seen reports about Elon Musk’s $43 billion antagonistic acquisition offer for the microblogging social media platform.

You may also like: What is Avple and How to download video from Avple.

After that offer, the tech giant replied to Musk’s offer by using an alleged “poison pill” provision to support stave off the proposal.

Leave a Comment