Jack Dorsey to Pay $1 Million a Year to Messaging App Signal

Jack Dorsey to Pay $1 Million a Year to Messaging App Signal

Jack Dorsey, the co-founder and former CEO of Twitter, declared he is donating a remarkable $1 million on an annual basis to the secure messaging app Signal.

On Tuesday, Twitter co-founder Jack Dorsey revealed in a blog post that he would be granting $1 million annually to the encrypted messaging app Signal as part of an ongoing initiative to support  “open internet development.”

According to Reuters, Jack Dorsey, CEO of Twitter and owner of the newsletter service Revue, published a statement suggesting that social media should no longer be “owned by a single company or group of companies”, and needs to be “resilient to corporate and government influence”. 

On 21 February 2018, Signal Messenger burst onto the scene as a product of the non-profit organization Signal Foundation and its subsidiary. This secure, cross-platform messaging service is free-to-use, open-source software created by tech innovator Moxie Marlinspike and WhatsApp co-founder Brian Acton – setting a new standard for encrypted instant communication.

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Signal promises “to support, accelerate, and broaden Signal’s mission of making private communication accessible and ubiquitous”. Users have the ability to send messages in both individual and group chat formats, which can include files, voice recordings, photos, and videos.

Jack Dorsey, the founder of Twitter, has noticed a significant lack of progress in meeting his desired standards for the platform. He’s further voiced concern about harassment against staff as reckless and harmful behavior. It is now time to abandon these current efforts according to Jack; therefore he is actively investing in new projects which will improve “open internet development,” beginning with $1 million to Signal per year.

Dorsey started with a Twitter thread but soon transitioned to a blog post where he wrote “I don’t want to edit everything into 280 char chunks”, In 2020, Jack Dorsey’s idea of personalizing Twitter was quickly quashed when a nameless activist investor suddenly appeared. He further went on to add, “I planned my exit at that moment knowing I was no longer right for the company.”

Despite his relentless attempts to establish the fundamental values he valued – freedom from the corporate and governmental influence, exclusive user-control of content without any outside interference, and algorithmic moderation – these ideals have not been adopted in today’s Twitter landscape or even on the one he managed himself.

About the author


Kristi Lopez

Kristi Lopez is working as a professional news editor at The Next Hint, Inc. She is accustomed to finding daily reports. Therefore, this keen working and addiction towards her work, it helps her to find good news.

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