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

16.01Google is appealing the ruling from its search antitrust case to avoid sharing data with rivals
16.01CyberGhost VPN review: Despite its flaws, the value is hard to beat
16.01Anthropic opens up its Claude Cowork feature to anyone with a $20 subscription
16.01OpenAI is bringing ads to ChatGPT
16.01The mother of one of Elon Musk's children is suing xAI over nonconsensual deepfake images
16.01Lego's latest educational kit seeks to teach AI as part of computer science, not to build a chatbot
16.01Canada cuts tariffs on Chinese EVs as part of new deal
16.01X has been down for most of the morning
Marketing and Advertising »

All news

17.01Cafe offers free breakfasts for vulnerable people
17.01F&O Talk | Nifty holds 100-day EMA: Breather before rally or calm before the storm? Sudeep Shah answers
17.01Crypto market expects regulatory clarity and tax rationalisation from Budget 2026
17.01IPO Calendar: Shadowfax among 4 IPOs worth Rs 2,066 crore to hit the market; Bharat Coking Coal to lead 7 listings
17.01Auto upcycle gains depth; M&M and TVS Motors stand out, Siddhartha Khemka explains
17.01Do you have these 5 emotional intelligence traits that are key for building trust?
17.01Bitcoin is a safe asset only until decrypted: Chris Wood
17.01Venezuelan banks will get $300 million of oil money to sell on exchange market, sources say
More »
Privacy policy . Copyright . Contact form .