Twitter Will Fund the Development of a Decentralized Social Media Standard

CEO Jack Dorsey reveals plans for an independent project called Bluesky

Picture of Jack Dorsey and Twitter logo in the background
The standard "won't be developed overnight," per Dorsey's tweets. Getty Images

Twitter will be funding the development of “an open and decentralized standard” for how social platforms operate, according to the company’s CEO. 

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@swodinsky Shoshana Wodinsky is Adweek's platforms reporter, where she covers the financial and societal impacts of major social networks. She was previously a tech reporter for The Verge and NBC News.