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Email: Mt. Gox plans repay some creditors ‘within the 2023 calendar year,’ likely extending into 2024, marking the first step in repayments for all creditors

Quick Take

  • An email to creditors said that the defunct bitcoin exchange plans to commence cash repayments this year and will likely continue repaying into next year.

 

 

Mt. Gox plans to start repaying some creditors “shortly” in cash as stated in an email creditors received today.

The defunct bitcoin exchange, which collapsed in 2014, said in the email that the rehabilitation trustee is “making efforts to commence repayments in cash within the 2023 calendar year.” Repayments, however, will likely “continue into 2024” given the large number of rehabilitation creditors. 

“The specific timing of repayment to individual rehabilitation creditors is undetermined, and therefore, it will not be possible to provide advance notice to each rehabilitation creditor regarding the specific timing of their repayment,” Rehabilitation Trustee Nobuaki Kobayashi said in the email.

Kobayashi noted that creditors may check the repayment status in its claim filing system.

In a separate document sent to creditors today, Kobayashi said that on Nov. 17, the rehabilitation trustee received the redemption of 7 billion yen ($46.9 billion) from the trust assets to fund the repayment. The remaining amount of the trust assets following such redemption was 8.8 billion yen, according to the notice.

The latest move appears to mark the first step in repayments for all. In September, Mt. Gox extended the deadline for rehabilitation creditor repayments from Oct. 31, 2023, to Oct. 31, 2024.

Launched in 2010, the Tokyo-based platform gained popularity and became the largest bitcoin exchange by 2013, servicing 70% of all bitcoin trades worldwide. However, it stopped all withdrawals in early 2014 when the business suspended trading. The site soon went offline, and the company filed for bankruptcy protection after losing over 800,000 bitcoins.

 

About Author

Timmy Shen is an Asia reporter for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance and current affairs at Caixin Global and Chinese tech at TechNode. His China-related reporting has also appeared in The Guardian. When he’s not chasing headlines, you’ll find him savoring hot pot and shabu shabu in a Taipei local haunt. Timmy holds an MS degree from Columbia University Graduate School of Journalism. Send tips to tshen@theblock.co or get in touch on X/Telegram @timmyhmshen.

 

 

Techmeme, (Timmy Shen / The Block)

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Karen Gillan, Hugh Bonneville to star in new cancel culture dramedy from Steven Moffat

“Guardians of the Galaxy” star Karen Gillan is set to star alongside “Downton Abbey’s” Hugh Bonneville in a new dramedy from Steven Moffat about cancel culture, Variety can reveal.

 

“Douglas Is Cancelled” will see Hugh Bonneville play a middle aged and widely-respected news anchor called Douglas Bellowes while Gillan stars as his canny sidekick Madeline.

 

Douglas lives a perfect life. He enjoys his privileged status as national treasure and host of current affairs show “Live at Six” while off-air he shares a harmonious home with wife Sheila, a newspaper editor.

But their world is turned upside down when, at a family wedding, he’s overheard making an “ill-advised joke.” As a guest threatens to expose Douglas on social media the rumor mill goes into overdrive and sparks off a digital storm that quickly upends his life and career. With her 2 million social media followers, tech-savvy co-anchor Madeline could throw Douglas a lifeline by posting in his defense … but will she?

 

“To torment a man, let alone a man named Douglas, for four episodes — armed with the writing of Steven Moffat — is a great privilege that I’m going to enjoy every minute of,” Gillan said.

 

Joining Gillan and Bonneville in the dramedy are Ben Miles “(Hijack),” Alex Kingston “(A Discovery of Witches, Dodger),” Nick Mohammed “(Ted Lasso)” and Simon Russell Beale “(Thor: Love and Thunder).”

 

Ben Palmer “(The Inbetweeners)” is directing the series.

 

Bonneville said: “Working again with a director like Ben, on Steven’s acidly witty script, with an ensemble of this calibre, is as daunting as it is exciting.”

 

The four-part series, which has just gone into production in London, was written by Moffatt “(Doctor Who)” and produced by Hartswood Films “(Sherlock)” in association with SkyShowtime and BBC Studios Distribution. It will premiere on U.K. streamer ITVX.

 

“I just sat down and wrote this,” Moffat said. “Didn’t even tell anyone what I was doing. And now it’s all happening, thanks to the amazing Sue Vertue (renowned TV producer and in a rare moment of weakness, my wife). I can’t quite believe we’ve managed to get the mighty Hugh Bonneville involved as Douglas and that we’ve lured my old friend Karen Gillan back from Hollywood to play Madeline.”

 

“And like that’s not enough, we’ve got Ben Miles, Alex Kingston, Nick Mohammed and Simon Russell Beale. It’s the kind of cast that makes you terrified about stepping into the room.”

 

Moffat will executive produce alongside Sue Vertue “(The Devil’s Hour)” on behalf of Hartswood Films. Lawrence Till “(Silent Witness)” produces. The show was commissioned by ITV’s head of drama, Polly Hill.

 

BBC Studios are repping international rights.

 

 

Variety (EXCLUSIVE)

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H.E.R. shares cover of Foo Fighters’ song, ‘The Glass’

H.E.R. has shared a cover of ‘The Glass’, a track from Foo Fighters’ latest album But Here We Are.

 

Last month, she performed the song with the band on Saturday Night Live, and her new rendition arrives as part of a double A-side vinyl release that features the original on the B-side.

 

Give it a listen below:

The post H.E.R. Shares Cover of Foo Fighters’ ‘The Glass’ appeared first on Our Culture.

 

 

Our Culture

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‘Beyond the Aggressives: 25 Years Later’ review: Catching up with the subjects of a queer classic

Several of the lesbians profiled in the 2005 documentary have since transitioned, but all remain as authentic as ever in Daniel Peddle’s powerful and tender sequel.

 

In the early 2000s, director Daniel Peddle turned his gaze to the lives of several young, masculine-presenting lesbians of color living in New York City.

 

He called his documentary “The Aggressives,” in a nod to the label given to, but also embraced by the women featured. The film was groundbreaking then and remains illuminating today.

 

For his sequel, “Beyond the Aggressives: 25 Years Later,” Peddle has gathered four of the subjects who made the 2005 film both insightful and inspiring.

 

The original was filmed between 1997 and 2003. The sequel covers the years 2018-23, with Peddle and editor Yvette Wojciechowski deftly interspersing footage from the original documentary throughout.

 

It’s good to see Kisha Batista, Trevon Haynes, Octavio Sanders and Chin Tsui again. In the original, they were teenagers wrestling with identity amid issues of race, class, sexuality and, it turns out, gender. Beneath their swagger coursed questions about belonging, labels and identity. In “Beyond,” those quandaries have been, if not always resolved, engaged. They’ve evolved. What must it feel like to have been a character in such a time capsule? And then return for more?

In the original doc, nearly all the subjects stated that their masculine presentation should not be confused with wanting to be a man. In the interim — years in which transgender identity has made advances — Trevon, Chin and Octavios have transitioned or identify as male. Much as she was in the original, the artist Kisha Batista, who identified then as “fem-aggressive,” is the outlier. She was also the person who introduced Peddle to her circle of aggressive — or AG — friends.

 

If the sequel is resolutely authentic, it’s because that quartet remains so. Now in their middle years, the subjects face the typical hurdles of adulthood: loss of loved ones, relationship bumps, health care scares. It’s that minuet that makes the film both specific and deeply humane. These journeys haven’t been smooth, but many of the challenges are those of growing older and a little wiser.

 

After a prologue that uses footage from the original, Peddle begins the follow-up documentary with Kisha taking photos of young queer folk. (It’s hard not to refer to the subjects by their first names; the film makes them feel like old friends). The one-time model has been painting and photographing during the intervening decades. One of her projects is documenting LGBT people, some of whom provide the movie interstitial insights about what the earlier doc and its characters meant to them. One refers to them as “trans-cestors.”

The film finds Trevon in Palm Springs, doing the gig economy hustle but also trying to forge domestic bliss with his fiancée, Jade. Having lost his mother when he was 13, Trevon craves family. His concerns about being able to have children with Jade are the sort of concerns that should resonate with other couples dealing with fertility issues. But as he shares his frustrations finding gynecological services, the movie makes clear just how clumsy the healthcare system is in addressing transgender people’s needs.

 

For many years, Octavio opted not to have top surgery because he wanted his son to have a clear sense of him as his mother. Now an adult, son Tyquan Sanders turns out to be a compassionate soul, navigating his own ideas about what it means to be a Black man in a world in which depictions of masculinity have often narrowed his possibilities. He finds no hiccup of contradiction in declaring, “I’m proud of my mom. He’s happy.”

 

Swept into the immigration maelstrom, Chin Tsui spent almost 19 months in solitary confinement in a Georgia ICE detention center. (At a “Free Chin Now” protest, Chin’s sister, Nancy Benabe, speaks out for her brother with loving, furious clarity). His incarceration reflects the immigration system’s failings but also its transphobia. Whether the lawyers who’ve taken his case will be able to get Chin out of detention supplies the documentary with added if galling suspense.

 

“Beyond the Aggressives” is itself an example of evolving standards in documentary. Occasionally Peddle makes an appearance on camera. Several times he can be heard asking a question. Often the interactions with the subjects feel guided by the subjects, rather than the filmmaker. The doc is also indicative of Peddle’s own growth: As a white gay man, he is more mindful of the privilege that whiteness affords him.

 

The sequel provides an ever-maturing understanding of the tension between labels and identities, between a changing self, an expanding queer “community” and the broader society. An essential theme in “Beyond the Aggressives” might be that when it comes to the individual, the labels — “identities” — we all wield, while liberating, are also insufficient to the complexities and poetry of being human.

 

Back when the subjects declared they didn’t want to be men, they weren’t being evasive or in denial. Instead, they were being truthful the way people are at a given moment in time, working with the language of that period and grappling with their own understanding of their selves. They didn’t want to be men; they wanted to be themselves. Michael Apted’s pioneering “Up” series (which caught up with its subjects every seven years after 1964’s original group portrait) made the eloquent case for longitudinal documentaries. So does Peddle’s tender and insightful sequel. “Beyond the Aggressives” makes it easy to wonder what joys, sorrows and epiphanies a future follow-up could bring.

 

 

 

Variety

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A US judge rejects X’s bid to overturn a May 2022 FTC order imposing restrictions on its data security practices and declines to stop a deposition of Elon Musk

—  SAN FRANCISCO — A federal judge on Thursday rejected an attempt by Elon Musk’s social media company to overturn a May 2022 order by the Federal Trade Commission that imposed requirements for safeguarding the personal data of its users.

 

A pile of characters removed from a sign on the Twitter headquarters building are seen in San Francisco, Monday, July 24, 2023, after Musk changed the name of the company to X. (Godofredo A. Vásquez/AP)

The company, then known as Twitter, had agreed to the order and a fine of $150 million after the FTC found that it asked for user phone numbers as a security mechanism but used them for marketing.

Musk bought the company later that year and renamed it X. By then, the FTC had launched a new investigation based on an explosive whistleblower complaint by former Twitter head of security Peiter Zatko, who said the company’s engineers had wide access to data with ineffective tracking.

Musk’s legal team asked U.S. Magistrate Judge Thomas Hixson to throw out the FTC order on the grounds that the agency had improperly increased its scrutiny after Musk took over and also pressured an outside assessor of the company’s security practices to find fault with them.

Hixson denied that motion after a hearing in San Francisco, ruling that the court was only involved in the underlying case for limited procedural reasons, such as the transfer of case documents to the Justice Department. He wrote that he lacked authority to set aside a consent order approved by an FTC administrative judge.

Hixson also declined to interfere in the FTC investigation by letting Musk avoid a deposition.

In his 11-page ruling, Hixson noted other problems with X’s argument. For example, the company had cited an Ernst & Young employee who said in his deposition that he felt the FTC expected him to find issues with X’s privacy program. But Hixson noted that the same employee said his work was delayed by the constant turnover in the executive ranks after Musk took charge and the lack of designated parties in charge of multiple aspects of the privacy program.

And while it is true the FTC increased its activity post-takeover, it had provided reasons for that, Hixson wrote.

“The government says this increase in investigative activity should not be surprising because Musk directed at least five rounds of terminations, layoffs or other reductions in X Corp.’s workforce, which affected the security, governance, risk and compliance team. The government argues that the FTC was concerned about X Corp.’s ability to comply with the Administrative Order given these significant changes to the company,” he ruled.

“As for deposing Musk, the government argues that the major changes to the company appear to have been initiated by Musk himself,” the judge said in declining to stop the deposition.

Joseph Menn / Washington Post

Techmeme

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Meta unveils new AI tools to edit images and generate videos from text instructions, which uses its image generation model Emu

Mike Wheatley / SiliconANGLE:

 

 

—  Artificial intelligence researchers from Meta Platforms Inc. said they have made significant advances in AI-powered image and video generation.

 

The Facebook and Instagram parent has developed new tools that enable more control over the image editing process via text instructions, and a new method for text-to-video generation. The new tools are based on Meta’s Expressive Media Universe or Emu, the company’s first foundational model for image generation.

 

EMU was announced in September and today it’s being used in production, powering experiences such as Meta AI’s Imagine feature that allows users to generate photorealistic images in Messenger. In a blog post, Meta’s AI researchers explained that generative AI image generation is often a step-by-step process, where the user tries a prompt and the picture that’s generated isn’t quite what they had in mind. As a result, users are forced to keep tweaking the prompt until the image created is closer to what they had imagined.

 

Emu Edit for image editing

What Meta wants to do is to eliminate this process and give users more precise control, and that’s what its new Emu Edit tool is all about. It offers a novel approach to image manipulation, where the user simply inputs text-based instructions. It can perform local and global editing, adding or removing backgrounds, color and geometry transformations, object detection, segmentation and many more editing tasks.

 

“Current methods often lean toward either over-modifying or under-performing on various editing tasks,” the researchers wrote.

 

“We argue that the primary objective shouldn’t just be about producing a ‘believable’ image. Instead, the model should focus on precisely altering only the pixels relevant to the edit request.”

 

To that end, Emu Edit has been designed to follow the user’s instructions precisely to ensure that pixels unrelated to the request are untouched by the edit made. As an example, if a user wants to add the text “Aloha!” to a picture of a baseball cap, the cap itself should not be altered.

 

The researchers said incorporating computer vision into instructions for image generation models allows it to give users unprecedented control in image editing.

 

Emu Edit was trained on a dataset that contains 10 million synthesized samples, with each one including an input image, a description of the task to be performed and the targeted output image. The researchers believe this is the largest dataset of its kind ever created, allowing Emu Edit to deliver unrivaled results in terms of instruction faithfulness and image quality.

Emu Video for video generation

Meta’s AI team has also been focused on enhancing video generation. The researchers explained that the process of using generative AI to create videos is actually similar to image generation, only it involves bringing those images to life by bringing movement into the picture.

 

The Emu Video tool leverages the Emu model and provides a simple method for text-to-video generation that’s based on diffusion models. Meta said the tool can respond to various inputs, including text only, image only or both together.

 

The video generation process is split into a couple of steps, the first being to create an image conditioned by a text prompt, before creating a video based on that image and another text prompt. According to the team, this “factorized” approach offers an extremely efficient way to train video generation models.

 

“We show that factorized video generation can be implemented via a single diffusion model,” the researchers wrote. “We present critical design decisions, like adjusting noise schedules for video diffusion, and multi-stage training that allows us to directly generate higher-resolution videos.”

 

 

Meta said the advantage of this new approach is that it’s simpler to implement, using just a pair of diffusion models to whip up a 512-by-512 four-second video at 16 frames per second, compared with its older Make-A-Video tool, which uses five models. The company says human evaluations of this work reveal that it’s “strongly preferred” over its earlier work in image generation in terms of its overall quality and its faithfulness to the original text prompt.

 

Emu Video boasts other capabilities too, including the ability to animate user’s images based on simple text prompts, and once again it outperforms its earlier work.

 

For now, Meta’s research into generative AI image editing and video generation remains ongoing, but the team stressed there are a number of exciting use cases for the technology. For instance, it can enable users to create their own animated stickers and GIFs on the fly, rather than searching for existing ones that match the idea they’re trying to convert. It can also enable people to edit their own photographs without using complicated tools such as Photoshop.

 

The company added that its latest models are unlikely to replace professional artists and animators anytime soon. Instead, their potential lies in helping people to express themselves in new ways.

 

— Techmeme

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Nielsen Streaming Top 10: ‘Fall of the House of Usher’ repeatedly bests ‘Suits’ in recent weeks

In its second showing on the Nielsen Streaming Top 10, “The Fall of the House of Usher” is already setting a strong show as it becomes the only title to consistently outperform “Suits” on the overall chart in back-to-back weeks since its Netflix debut.

 

During the viewing window, the Edgar Allen Poe-inspired series raked in an additional 1.5 billion minutes viewed during its first full week of availability, pushing it to No. 1 again with a 19% jump from its opening figure of 1.2 billion minutes.

 

“Suits” continued to remain in the No. 2 spot, but still maintained another week above the 1 billion minutes threshold with 1.06 billion minutes viewed across Netflix and Peacock — an impressive performance in its 18th consecutive week on the chart. To date, the series has accrued 45.445 billion minutes viewed. Landing just beneath is “Grey’s Anatomy,” which recorded 860 million minutes viewed.

Other newcomers this week include Bill Burr’s “Old Dads” which ranked sixth on the list with 728 million minutes viewed in its opening weekend. Also, “Bodies,” another Netflix title, managed 633 million minutes viewed leading it to No. 9 on the chart.

 

“Goosebumps” has been reclassified as an original title during this interval after having been previously listed on the acquired titles chart. With the updated classification, the title would have been the No. 5 Original last week when it recorded 553 million viewing minutes. But this week, it lands at No. 10 on the overall chart and No. 3 on the originals chart with 594 million minutes viewed.

 

Elsewhere on the list is “Bluey” (840 million), “NCIS” (811 million), “Gilmore Girls” (698 million), and “Cocomelon” (667 million).

 

See Nielsen’s list of overall streaming rankings for Oct. 16-22 first, followed by original streaming titles, acquired titles and then films.

 

 

 

Variety

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Daniel Radcliffe tried to direct doc about ‘Harry Potter’ stunt double: ‘I thought I’d know how… turns out, I didn’t’

Daniel Radcliffe almost made his directorial debut with the documentary “David Holmes: The Boy Who Lived,” about his “Harry Potter” stunt double who was left paralyzed after a tragic on-set accident.

 

At the London premiere of the HBO and Sky doc, Radcliffe Zoomed in from New York City — where he’s currently starring in the Broadway revival of “Merrily We Roll Along” — for a Q&A with Holmes and director Dan Hartley, in which he revealed that he initially set out to helm the film himself.

 

“I had always wanted to do something about Dave because I wanted to share him with the world for the person that he is. And Dave’s natural humility meant that he was kind of unsure about that for a while — he wanted to make something broader about stunts in general. But eventually, I sort of convinced him that he should be front and center of it,” Radcliffe said. “And we shot some stuff because for some reason, I thought — having never done anything like this before — that I would know how to direct a documentary. Turns out, I didn’t. At all.”

 

Radcliffe and Holmes knew Hartley from his work as a video operator on the “Harry Potter” franchise, and asked him to step in. Hartley had previously directed the drama “Lad: A Yorkshire Story” in 2013.

 

“We wanted someone we knew and that would connect to the material in the same way that we did. We were kind of scared of somebody from the outside coming in with a slightly more salacious lens,” Radcliffe said. “Dan had obviously made a feature film before. He hadn’t made a documentary, but we trusted him immensely and we talked about all the docs that we loved and we were very much on the same page. Then Dan shot a couple of afternoons of interviews and showed us, and from that moment it was so clear.”

 

Radcliffe said that when he showed Hartley the footage he had shot, “he very kindly went, ‘If you want to make a documentary that you know, looks good, you should probably start again.’ So we did, and he just absolutely hit the nail on the head and made the film that you see in front of you.”

 

Radcliffe instead took on the role of an executive producer on the film, which follows Holmes’ recovery after suffering a spinal cord injury during pre-production rehearsals for “Deathly Hallows Part 1,” in addition to appearing in it. Variety chief TV critic Alison Herman praised the documentary in her review, writing that it is “an attempt on Radcliffe’s part to use his fame to shed light on his friend’s story — and navigate the complex mix of guilt, motivation and admiration spurred by the two men’s contrasting, interwoven fates.”

 

As for what Holmes hopes viewers take away from the movie, he referred to a lyric from Taylor Swift’s song “August”: “Living for the hope of it all.”

 

“[Hope] is the first thing you should look for, and the last thing you should let go,” Holmes continued. “It’s a bit messy out there right now, isn’t it? And just to see the collective support that allowed me to live my life and also what we can create when we all trust and love each other and are open — I think we should all be more willing to share our vulnerabilities. It’s what makes us human, and no one should be ashamed of it in any way, shape or form. It’s the scars of life that make us who we are.”

 

“David Holmes: The Boy Who Lived” is now available to stream on HBO and will premiere in the U.K. on Sky Documentaries and streaming service NOW on Nov. 18.

 

 

Variety

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Sting, Jonas Brothers set to headline at Lollapalooza India – Global Bulletin

LOLLAPALOOZA INDIA HEADLINERS: Sting, Jonas Brothers, Halsey and OneRepublic are among the headline acts set to perform at Lollapalooza India in January.

 

The music festival is set for a second edition Jan. 27-28, 2024, at the Mahalaxmi Race Course in Mumbai and will comprise four stages with over 20 hours of live music.

 

Other confirmed acts include: “piano rockers of alternative rock Keane; bold and fearless pop phenomenon and singer-songwriter Lauv; modern dance music duo Jungle; inimitable sound rockers Royal Blood; radical and unorthodox hip-hop rapper JPEGMAFIA; Italian electronic dance music artist Meduza; French house DJ Malaa; eclectic, psychedelic and pop music blending Caribou; K-pop and rock music fusion powerhouse The Rose; bilingual K-pop American blend of pop, R&B and soulful vocals of Eric Nam; pioneering world music sounds blended with Indian folk and classical melodies by Anoushka Shankar; one of the most vital standard-bearers of modern African music Fatoumata Diawara; global festival favorite hip-hop record producer and DJ Kenny Beats; India’s most sought after contemporary Indian folk band The Raghu Dixit Project; homegrown favorites multilingual indie-folk alternative band When Chai Met Toast; and Israeli alternative indie electronic pop sound masters Garden City Movement,” organizers said.

 

PARAMOUNT PREMIUM

Paramount+ Australia has launched the service’s Premium tier subscription plan to provide consumers with a variety of choices on how they would like to access the service’s ‘Mountain of Entertainment.’ The Premium plan brings Paramount’s blockbusters, exclusive originals, and hit shows to new heights with premium quality formats, including 4K UHD, HDR10, and Dolby Vision. Premium subscribers can also utilize four concurrent streams (instead of the two streams that come with the standard plan). The Premium plan launches in Australia for A$13.99 ($9.10) monthly and A$124.99 ($81.30) annually.

 

UNIVERSAL ALLIANCE

Universal Music Group India and Indian independent talent management company Represent have announced a strategic partnership to accelerate the opportunities available for its artists. Working together on artist development and fan engagement, Represent’s talent roster will gain access to UMG’s global footprint across distribution, publishing and brands. Some of its artists, who have billions of streams combined, will be distributed and supported under this strategic partnership include Anuv Jain, MC Stan, Zaeden, Lost Stories, Yashraj, Hanita Bhambri, Akanksha Bhandari, Kamakshi Khanna, Saahel, Savera, Kayan, OAFF and Jai Dhir.

 

 

 

Variety

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Bluesky plans to release a public web interface around the end of November and launch federation in early 2024, and says it crossed 2M users

Sarah Perez / TechCrunch:

 

 

—  Bluesky, the company building a decentralized alternative to Twitter/X, announced Thursday,  it has hit 2 million users — up by another million since September, despite remaining an invite-only app.

 

It also revealed its timeframe regarding other key goals, indicating that it planned to have a public web interface go live by the end of the month and would launch federation by early next year.

 

The latter is one of the most important differentiating factors between Bluesky and X, as it would allow Bluesky to function as a more open social network.

 

This means it will work more like Mastodon where users can pick and choose which servers to join and move their accounts around at will. This is what Bluesky today says makes it “billionaire-proof” —  a swipe at Elon Musk’s ownership of Twitter, now called X.

 

“You’ll always have the freedom to choose (and to exit) instead of being held to the whims of private companies or black box algorithms,” a company blog post explained.

 

“And wherever you go, your friends and relationships will be there too,” it noted.

 

Similar to the decentralized service Mastodon, federation would anyone to run their own service and connect to any other service also running the same protocol. In Bluesky’s case, this would be done via the AT Protocol that the company is also developing alongside its consumer-facing service and mobile app. However, the other major decentralized social network, Mastodon, uses a well-established protocol, ActivityPub, which has gained greater traction in the months since Musk’s Twitter acquisition.

 

Since then, other companies including Mozilla, Flipboard, Medium, and Automattic (WordPress.com’s parent) have embraced ActivityPub and Mastodon. That could pose a challenge with regard to Bluesky’s eventual reach unless it makes a move to allow the AT Protocol and ActivityPub to somehow interoperate. Bridging the two may be technically possible, but it’s likely something that would take place further down the road, rather than in the near term.

 

In the meantime, Bluesky is working to make its own service more accessible, which includes launching a public web interface later this month. This will allow anyone to view the posts on Bluesky, even if they don’t have an account. That could make the network more promising in terms of being a true X rival for breaking news and conversations but could also expose Bluesky users’ posts to the outside world in ways they’re unprepared for. (The app doesn’t currently offer an option to set profiles to “private,” as Twitter/X does. Some users are not happyabout this).

 

Despite its growth, Bluesky’s hesitancy to drop its invite-only status and open its network to more users has allowed other X competitors to gain a foothold. Last month, for example, Meta CEO Mark Zuckerberg announced his X alternative, Instagram Threads, has just under 100 million monthly active users. He believes it could reach a billion users in the next few years. And Threads intends to interoperate with ActivityPub in the future.

 

Bluesky’s announcement follows Threads’ rapid-fire release of features to make its app more competitive with X, including things like a chronological feed, support for viewing your likes, search, a (free) edit button, a web version, polls and GIF support, topic tags, and soon, a developer API. Mastodon has also capitalized on the opportunity Twitter’s acquisition presented, and launched an easier-to-use version of its service this September. But Mastodn currently has 1.6 million monthly active users, making it still much smaller than Threads.

 

Alongside today’s news, Bluesky also noted other recently launched features, including mobile push notifications, shareable user lists, email verification, advanced feed and thread preferences for sorting and filtering posts, a media tab on user profiles, a Likes tab on your own user profile, suggested follows, and various accessibility improvements.

 

Though Bluesky began its life as a Twitter project under Jack Dorsey, the company was spun out from Twitter with $13 million to get started on R&D. Dorsey sits on its board. This year, the company raised an $8 million seed round led by Neo to further its development, and converted from being a public benefit LLC to a public benefit C Corp.

 

 

Techmeme