In the week following the U.S. presidential election, alternative social media platform Bluesky gained over a million new users, reaching a total of 15 million users, mainly from the U.S., Canada, and Britain. The growth was attributed to users leaving X due to owner Elon Musk and election results. Bluesky, founded in Twitter as an open standard project, now allows users more control and choice, with no ads and longer post limits, and recently became open to all users after initially being invite-only.
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Wave (WVE) Q2 Revenue Drops 56%
Wave Life Sciences (NASDAQ:WVE) reported disappointing Q2 2025 earnings, with revenue of $8.7 million falling short of the $13.2 million forecast and a loss per share of $0.31 versus the anticipated $0.28. Despite a 55.8% year-over-year revenue decline and increased operating expenses, the company made progress in its RNA-based medicine pipeline using its proprietary PRISM platform. Want More Context? 🔎
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