Drag

Let’s get in touch

Schedule a meeting with our Expert to discuss your needs and explore tailored software solutions.

Support center +91 9825 122 840

Logo
About

About Us

Rejoicehub LLP, a prominent offshore IT outsourcing firm, was established in 2019 and has been making remarkable strides in the IT sector.Our dedicated team of over 100 professionals is our greatest asset. Our unwavering commitment to excellence has made us a highly sought-after company globally. We prioritize understanding our clients perspectives to enhance their product development process. Our adept professionals are capable of providing top-notch solutions. We promise our clients to bring their unique ideas to the market in a more user-friendly manner. Punctuality is a cornerstone of our work philosophy, and we prioritize delivering exceptional quality.

Services

services

Career

Career

We offer careers, not jobs

Becoming a part of Rejoicehub LLP could mark a significant turning point in your life, offering numerous benefits along the way. Its a second home where teamwork is prioritized to achieve our shared objective - continuous evolution with cutting-edge technologies while ensuring the well-being of our most treasured resources, our employees. Embrace the Positive Vibes and the significance of maintaining a healthy Work-life Harmony by collaborating with us.

SOLUTIONS

SOLUTIONS

Case Study

Explore Our Trending Case studies

Visualize yourself being in the place of those clients who are talking about their problems, victories and how our IT solutions was very important for them. From showing how workflow optimization or cybersecurity reinforcement can be implemented through a case study approach to explaining that collaboration and innovation is able to overcome any difficulty.

Technology

Technology

Starterkit

Starterkit

Blogs

Our Blogs

Our blog is packed with valuable resources to keep you ahead of the curve. Explore industry trends, discover hidden tech hacks, and gain expert insights to optimize your operations and stay on top of the latest advancements.

Contact

Let’s get in touch

Great! We are excited to hear from you and lets start something special together. call us for any inquiry.

At Rejoicehub LLP, we are deeply passionate about creative problem-solving, innovative thinking, and pushing the boundaries of brands. With each client, we bring forward a commitment to forward-thinking solutions that drive success in the digital age.

Cohost, the X rival founded with an anti-Big Tech manifesto, is running out of money and will shut down

Date September 13, 2024

Writen by Sarah Perez

newsImage

Cohost, a would-be X rival launched to the public in June 2022, is shutting down, the company announced via the social network’s staff account earlier this week. The service had operated much like Twitter, offering users the ability to follow others, view posts in a feed, and like and repost content shared by others. However, Cohost differentiated itself by focusing on a chronological feed without trending topics, support for long-form posts, and pursuing a business model that didn’t rely on advertising.

The startup’s premium subscription, Cohost Plus, offered advanced features like an increased file size limit on uploads, with plans to add support for creator tools like tips and the ability to sell subscriptions, among other things.

Founded by a not-for-profit software company, Anti Software Software Club, with a small handful of developers, Cohost’s manifesto had anti-capitalist and anti-Big Tech leanings. 

“[We] have watched the world buy into the lies of people who ‘believe in the disruptive potential of technology,’ and who think the best way to realize that potential is to build for-profit businesses that enable a creative-class petit bourgeois to make it through their day without acknowledging another human being,” the founders, Colin Bayer and Jae Kaplan, stated back in 2020. “We think we can do better, by building tools that focus on fair dealing and sustainable growth rather than market dominance,” their manifesto read. 

Despite Cohost’s ambition to disrupt the tech giants, it faced increased competition not only from X (formerly Twitter) but soon Meta as well, which launched its Twitter-like service Threads. Users who favored decentralized social networking on an open social web had various options, too, including Mastodon and Bluesky, among others. 

As a result, Cohost will no longer be able to continue. 

The company cited “lack of funding and burnout” as reasons for the shutdown, currently planned for the end of 2024. 

“As of today, none of us are being paid for our labor,” the company shared in a post on its staff account, possibly an attempt to dispel rumors that staff salaries had eaten up the funds. “All of our money in the bank, and any money coming in from people who buy our merch or don’t cancel cohost plus, is going towards servers and operations — paying the bills so we can turn the lights off with as little disruption as possible.”

The site will become read-only as of October 2, 2024, and the team will make an effort to keep the servers online through year-end. Engineers will be focused on improving its data export system in the weeks ahead, so users will be able to save their posts. Control of the Cohost source code will be transferred to the unnamed person “who funded the majority of our operations,” the founders also said. 

The company had been sharing its financial difficulties in a series of updates starting in March, which warned that the site’s major funder, who prefers to remain anonymous, had gone completely incommunicado as the funds were running out. Cohost, however, was nowhere near being able to sustain itself, as it had just 30,000 monthly active users and just 2,630 subscribers as of March 11, 2024. The company noted that with its then-current deficit of $17,000, it would need to sell an additional 3,400 subscriptions to make ends meet. Knowing that was an impossible goal, the team began looking into other means of sustaining itself, including advertising. 

Already, many former Cohost users and engineers are finding their way to Mastodon and Bluesky, some of whom are posting with the hashtag, #cohost, to find one another while lamenting their loss. 

Cohost is not the first would-be X rival to shut down due to a lack of traction following Elon Musk’s acquisition of Twitter, which prompted a spate of development. Other efforts, including T2 (formerly Pebble) and micropayments-focused Post also closed down after short periods of operation, as well. 

Correction 9/12/24, 9:30 PM ET: Due to a typo, the shutdown was listed as taking place in ’21 instead of ’24. This has been updated.

Work with us

We would love to hear more about your project