financetom
Technology
financetom
/
Technology
/
WhatsApp co-founder Acton named Signal's interim CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
WhatsApp co-founder Acton named Signal's interim CEO
Jan 10, 2022 11:01 PM

Messaging app Signal's founder and Chief Executive Officer Moxie Marlinspike will step down and WhatsApp co-founder Brian Acton will become the interim CEO, Marlinspike said in a blog post on Monday.

"It's a new year, and I've decided it's a good time to replace myself as the CEO of Signal", he said. Marlinspike, who will remain on Signal's board, said he is scouting for candidates for the permanent CEO position.

Acton founded Signal's rival messaging app WhatsApp in 2009. The company was bought by Meta Platforms (FB.O), then Facebook Inc, in 2014. He left WhatsApp in 2017 due to differences around the use of customer data and targeted advertising, according to Signal's website.

In February 2018, he alongside Marlinspike, started the non-profit Signal Foundation, which currently oversees the app, by providing an initial funding of $50 million.

Signal, an end-to-end encrypted messaging platform, has been endorsed by people including Twitter Inc co-founder Jack Dorsey, and whistleblower and privacy advocate Edward Snowden.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
The Analyst Verdict: Guidewire Software In The Eyes Of 11 Experts
The Analyst Verdict: Guidewire Software In The Eyes Of 11 Experts
Jul 22, 2024
In the last three months, 11 analysts have published ratings on Guidewire Software ( GWRE ) , offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic...
Insurers to see limited hit from CrowdStrike disruption, Fitch says
Insurers to see limited hit from CrowdStrike disruption, Fitch says
Jul 22, 2024
July 22 (Reuters) - The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike's ( CRWD ) glitchy security software update that disrupted internet services worldwide last week, Fitch Ratings said. Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims...
15 Analysts Have This To Say About Western Digital
15 Analysts Have This To Say About Western Digital
Jul 22, 2024
Analysts' ratings for Western Digital ( WDC ) over the last quarter vary from bullish to bearish, as provided by 15 analysts. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 7 1 0 0 Last...
Insurers to see limited hit from CrowdStrike disruption, Fitch says
Insurers to see limited hit from CrowdStrike disruption, Fitch says
Jul 22, 2024
(Reuters) - The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike's ( CRWD ) glitchy security software update that disrupted internet services worldwide last week, Fitch Ratings said. Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims would be...
Copyright 2023-2026 - www.financetom.com All Rights Reserved