Jack Dorsey says he will give $1 mln per year to Signal app

Technology CEOS Zuckerberg of Facebook, Dorsey of Twitter and Pichai of Google testify before House Committee in Washington
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on "Social Media's Role in Promoting Extremism and Misinformation" in Washington, U.S., March 25, 2021. U.S. House of Representatives Energy and Commerce Committee/Handout via... Purchase Licensing Rights, opens new tab Read more
Dec 13 (Reuters) - Twitter co-founder Jack Dorsey said in a blog post on Tuesday that he will give a grant of $1 million per year to encrypted messaging app Signal, the first in a series of grants he plans to make to support "open internet development."
Social media should not be "owned by a single company or group of companies," and needs to be "resilient to corporate and government influence," Dorsey wrote in a post on Revue, a newsletter service owned by Twitter.

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Reporting by Sheila Dang in Dallas Editing by Chris Reese

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