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

12.03Google Play will let you try a game before you buy it
12.03This dog-friendly camping fence comes with a rare feature: full price transparency
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
Marketing and Advertising »

All news

12.03Stay invested, deploy money gradually amid market volatility: Prateek Agarwal
12.03'Heating oil suppliers are holding us to ransom'
12.03Heating oil orders cancelled and prices hiked
12.03Food voucher scheme extended until September
12.03Google Play will let you try a game before you buy it
12.03Global Market | Anurag Singh on what could decide the markets next move
12.03Are you part of the distraction economy?
12.03Ive facilitated 1,000+ meetings. Heres why most of yours are failingand how to fix them
More »
Privacy policy . Copyright . Contact form .