Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Elon Musk Hailed App Signal Ropes In Another Big Tech Critic

Published 06/09/2022, 13:24
Updated 06/09/2022, 14:10
© Reuters.  Elon Musk Hailed App Signal Ropes In Another Big Tech Critic

  • Encrypted messenger app Signal has appointed Meredith Whittaker, a former Alphabet (NASDAQ:GOOGL) Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as its first President, adding to the roster of tech critics leading the encrypted messaging app, the Washington Post reports.
  • The Google manager has been outspoken about the harms of Big Tech.
  • Signal is committed to encryption in an industry built on collecting personal data.
  • Also Read: Signal Founder Details Messaging App's Superiority Over Telegram Amid Ukrainian Crisis; Elon Musk Chimes In With His Preferences
  • Non-profit-backed Signal competes against WhatsApp and iMessage, championed by Facebook (NASDAQ:META) parent Meta Platforms Inc (NASDAQ: META) and Apple Inc (NASDAQ: NASDAQ:AAPL).
  • Whittaker looks to focus on sustaining Signal, which hopes to support itself with small donations from millions of users.
  • "It costs tens of millions of dollars per year to develop and maintain an app like Signal," she said.
  • Whittaker says that the only way to escape technology that makes money off your data is by paying for products that don't.
  • Whittaker, a member of Signal's board since 2020, rose to prominence for worker activism at Google before it ousted her.
  • Most recently, Federal Trade Commissioner Lina Khan tapped Whittaker as a senior adviser on AI.
  • The app experienced a massive spike in downloads last year during a privacy backlash after WhatsApp changed its policy on data collection on user interactions with businesses.
  • Signal currently has 140.9 million downloads across the App Store and Google Play.
  • She said that Signal is not interested in increasing profit or attention on ads but instead creating a network effect of encrypted communication.
  • Tesla Inc (NASDAQ: NASDAQ:TSLA) chief Elon Musk praised Signal and recommended that Twitter Inc (NYSE: NYSE:TWTR) have end-to-end encryption for its direct messages to ensure security.
  • Unlike Signal and Whatsapp, Twitter's direct messages are not end-to-end encrypted.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.