Bluesky has seen a surge in popularity following the recent presidential election, posing as a competitor to Elon Musk’s X and Meta’s Threads. CEO Jay Graber emphasizes that Bluesky is “billionaire proof” due to its open design allowing users to easily move without losing followers in case of acquisition. With over 21 million users, Bluesky remains smaller than X and Threads, but is focused on user control, open-source benefits, and avoiding algorithmic ads, while also planning to introduce subscription services and expand its developer ecosystem.
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Federal election 2025: Spendathon risks Australia’s AAA credit rating in rare rebuke
A rare warning from S&P Global has cast doubt on Labor's economic management claims as their election commitments risk undermining Australia’s AAA credit rating. Treasurer Jim Chalmers highlighted early election costings while challenging the Coalition to disclose cuts affecting essential services; however, S&P cautioned that increasing spending could lead to larger structural deficits and rising debt. The report criticized "off budget" spending practices and noted that combined federal and state deficits are approaching levels unseen...
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