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

08.02The final trailer for Project Hail Mary is here and it's an emotional ride
08.02AT&T's budget-friendly phone for kids was designed with parental controls in mind
08.02We may see Apple's new iPads and MacBooks in only a matter of weeks
08.02Steam now lets developers display the exact date of when their game leaves Early Access
08.02The iPhone 17e will reportedly bring some key upgrades without raising the price
07.02New York lawmakers introduce bill that aims to halt data center development for three years
07.02DOJ is investigating if Netflix used anticompetitive tactics as part of its merger probe
07.02The State Department is scrubbing its X accounts of all posts from before Trump's second term
Marketing and Advertising »

All news

08.02The final trailer for Project Hail Mary is here and it's an emotional ride
08.02AT&T's budget-friendly phone for kids was designed with parental controls in mind
08.02We may see Apple's new iPads and MacBooks in only a matter of weeks
08.02Steam now lets developers display the exact date of when their game leaves Early Access
08.02UBS banked Ghislaine Maxwell for years, moving her money after Epstein's arrest
08.02Gaza's Rafah crossing reopens, allowing limited travel as Palestinians claim delays and mistreatment
08.02Epstein advised Starlink rival OneWeb's founder, emails show
08.02LLP registrations cross 10,000 mark for first time in Jan
More »
Privacy policy . Copyright . Contact form .