Steem is mentioned in a Bloomberg article today as a part of EOS social media app release announcemnt

Whether such a social network can attract users and succeed financially remains to be seen: Steemit, for one, recently had to lay off nearly 70% of its workforce.

Block.one’s strong financial footing should help bolster the effort. The company’s assets, including cash and investments, totaled $3 billion at the end of February, according to a March email to shareholders seen by Bloomberg.

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