FUNDING CHANGE: Jack Dorsey announces major grant to encrypted messaging app Signal
Jack Dorsey, co-founder and former CEO of Twitter, said he will give $1 million per year to encrypted messaging app Signal.The $1 million per year payment he plans to give to Signal will be made as a grant to the company.
Jack Dorsey, co-founder and former CEO of Twitter, said he will give $1 million per year to encrypted messaging app Signal. The move by the ex-Twitter boss is the first in a series of grants he intends to make to support "open internet development." The $1 million per year payment Dorsey plans to give to Signal will be made as a grant to the company.In his post on Revue, Dorsey said social media should not be "owned by a single company or group of companies."
The move by the ex-Twitter boss is the first in a series of grants he intends to make to support"open internet development."Reuters contributed to this report.
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