Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-01-13 18:00:09| Engadget

At a time when Elon Musk and Mark Zuckerberg have shown that the whims of one person can upend an entire social network, Mastodons CEO and creator, Eugen Rochko, is heading the opposite direction. In a blog post published today, the Mastodon team announced its intention to let a new nonprofit organization take over the company. In other words, Rochko is voluntarily handing over the reins to the service he founded almost a decade ago. The company took some actions towards forming a US-based non-profit itself a year ago, and that entity will continue to exist as a "fundraising hub." However, the company as a whole will continue to headquarter its operations overseas. "We are taking the time to select the appropriate jurisdiction and structure in Europe," the company wrote, "Then we will determine which other (subsidiary) legal structures are needed to support operations and sustainability." Mastodon says the restructuring will take place within the next six months. Rochko has made his stance against Musk clear. He told Musk to get off the internet two years ago. He has also called the recent Meta moderation changes deeply troubling. While Mastodon has not been as obvious a player in terms of raw user numbers as, say, Threads or Bluesky in the post-X restructuring of social media, Mastodon might still find the most moral path forward.This article originally appeared on Engadget at https://www.engadget.com/social-media/mastodon-will-soon-be-owned-by-a-nonprofit-entity-170009789.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

21.12You can now tweak how warm and enthusiastic ChatGPT's responses are
21.12GuliKit's $20 mod makes the ROG Xbox Ally's joysticks drift-free
21.12A San Francisco power outage left Waymo's self-driving cars stranded at intersections
20.12Governor Hochul signs New York's AI safety act
20.12Sony's first EV with Honda will let you remotely play PS5 in your car
20.12Game publisher says cheaper Switch 2 cartridges are coming in since-deleted post
20.12Valve discontinued the last remaining LCD model of the Steam Deck
20.12Google Assistant will stick around a bit longer than expected for some Android users
Marketing and Advertising »

All news

22.12Bourbon maker Jim Beam halts production at main distillery for a year
22.12Positive Breakout: These 11 stocks cross above their 200 DMAs
22.12Yen wallows near record low to euro as BOJ keeps cautious tone after rate hike
22.12Why Croatia's capital wants to hold Europe's best Christmas market
22.12Asian stocks gain as hopes for year-end rally grow
22.12Will weddings, travel drive India's hotel sector to new heights in H2 FY26?
22.12Tata Capital invests in Vodafone Idea bond issue
22.12Silvers record rally continues, analysts see further 20% upside by Q1 2026
More »
Privacy policy . Copyright . Contact form .