News Summary

Jay Graber, the CEO of the decentralized social media platform Bluesky, is stepping down to assume the role of Chief Innovation Officer. Graber has been instrumental in leading Bluesky since its inception as a side project at Jack Dorsey’s Twitter and later as an independent company. Under her leadership, Bluesky grew to a 43 million-user platform, advocating for decentralized social media. Toni Schneider, a former CEO at Automattic and advisor to Bluesky, will temporarily take over as CEO while the company searches for a permanent leader. Graber will remain on the board, influencing future leadership decisions. Schneider, also a partner at VC firm Tre Ventures, believes in the open social web Bluesky is building.