On November 16th, Meredith Whittaker, President of Signal, published a detailed breakdown of the popular encrypted messaging app’s running costs for the very first time. The unprecedented disclosure’s motivation was simple - the platform is rapidly running out of money, and in dire need of donations to stay afloat. Unmentioned by Whittaker, this budget shortfall results in large part due to the US intelligence community, which lavishly financed Signal’s creation and maintenance over several years, severing its support for the app.
Thank you for sharing this!
One question: how can the loan from Brian Acton be interest free? I thought the federal government imposed minimum interest rates to prevent people from bypassing tax-free gifting limits.
I think it’s because he’s tied into the Foundation itself.