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

30.01NASA used Claude to plot a route for its Perseverance rover on Mars
30.01Rivian made an electric ambulance for Grey's Anatomy
30.01Sundance doc 'Ghost in the Machine' draws a damning line between AI and eugenics
30.01Sonos home theater gear is up to 20 percent off ahead of Super Bowl LX
30.01The best cheap VPN in 2026
30.01The first season of Amazon's Fallout show is now free on Youtube
30.01How to watch the 2026 Grammy Awards: TV channel, start time, where to stream, nominations list and more
30.01Engadget Podcast: What do prediction markets like Kalshi cost us?
Marketing and Advertising »

All news

31.01INR Check: What history reveals about gold, silver and market crashes
31.01Dont Rush to Grade D-St on B-Day, Wait a Bit
31.01Budget 2026: Mutual fund industry seeks debt indexation return, ELSS relief and MF pension schemes
31.01What would make this a full-marks Budget for the capital markets
31.01John Deere project in Lowell granted economic revitalization area
31.01Reading the Mountain, Reading the Market: How Snow Conditions Mirror Market Sentiment
31.01Concurrent Gainers: 9 smallcaps log gains for 5 straight sessions
31.01How to design a sabbatical that actually changes you
More »
Privacy policy . Copyright . Contact form .