Bartender is an award-winning app for macOS that superpowers your menu bar, giving you total control over your menu bar items, what's displayed, and when, with menu bar items only showing when you need them.
I've been using Bartender for years and, while it was already a must-have, this complete re-write is really slick! The Show for Updates feature is fantastic. I only see Time Machine during a backup and WiFi only when I disconnected from Ethernet saving precious space for required tools!
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