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

12.03I guess this wasn't an Xbox after all
11.03Grammarly has disabled its tool offering generative-AI feedback credited to real writers
11.03Valve defends loot boxes in response to New York's lawsuit
11.03TikTok will let you stream full songs in its app if you're an Apple Music subscriber
11.03Microsoft's full screen 'Xbox Mode' will roll out to Windows 11 PCs in April
11.03Microsoft will start providing game studios with Project Helix consoles in 2027
11.03Tembo might just be the world's cutest drum machine
11.03Meta will let kids under 13 use WhatsApp with parent-managed accounts
Marketing and Advertising »

All news

12.03Sensex, Nifty slide as Strait of Hormuz attacks rekindle energy crisis fears
12.03US launches probe into major trading partners after tariffs struck down
12.03Nowhere to hide: Rupee breaches the 92 mark again
12.03Market volatility puts upcoming IPOs in a wait-and-watch mode
12.03Defence stocks build up on hopes war to spur spends
12.03A small US grocer is calling out the lower prices at big chains
12.03What role has cyber warfare played in Iran?
12.03Local factors insulate private credit market from global storm
More »
Privacy policy . Copyright . Contact form .