Mastodon rejects more than five investment offers to stay a non-profit

  • 📰 IntEngineering
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Founder Eugen Rochko says the site's not-for-profit status is 'untouchable.'

Rochko wrote a blog post concerning the event saying it was a “stark reminder that centralized platforms can impose arbitrary and unfair limits on what you can and can’t say.” He also shared that monthly active users of Mastodon had risen from 300,000 to a whopping 2.5 million between October and November 2022.saw more than a million people join Mastodon taking its total user count at the time to 1.6 million.

Rochko has said that Mastodon has always relied on donations to fund the platform and will continue to do so. It currently boasts more than 8,500 donors on the membership platform Patreon. For now, Mastodon seems to be complementary to Twitter as both platforms boast significant users and Twitter still has the upper hand in this aspect. However, that may not always be the case.

Rochko has said in the past that he hopes Mastodon will one day replace Twitter and other commercial social networks. “It’s a long road ahead but at the same time, it’s bigger than it ever has been,” he has stated. Will Rochko’s ambitions come to life or will Twitter continue to reign supreme in the world of social media?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 287. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S.F. grocery delivery giant Instacart trims valuation - Silicon Valley Business JournalInstacart cut its meaty valuation back in March. Here's how much it's just trimmed it again. bayarea technews
Source: svbizjournal - 🏆 334. / 59 Read more »

Gilead buys remaining rights to cancer immunotherapy drug from partner Jounce - Silicon Valley Business Journal$GILD buys out rights to early-stage $JNCE cancer drug as part of ongoing efforts to beef up its cancer drug pipeline.
Source: svbizjournal - 🏆 334. / 59 Read more »

What small-business owners need to know about the $1.7 trillion omnibus legislation - Silicon Valley Business JournalHere's a closer look at the $1.7 trillion omnibus legislation and what it means for small businesses. I'm extremely bullish on $ALDS! This penny stock is a hidden gem just waiting to shine. pennystocks investing pennstock
Source: svbizjournal - 🏆 334. / 59 Read more »