June 22, 2024


Technological development

Dorsey Has a Plan to Free the Internet from Google, Wealthy Investors


Twitter  (TWTR) – Get Twitter Inc. Report seems to be behind him. 

If Jack Dorsey, the founder and former CEO of the microblogging website continues to monitor behind the scenes the eventful acquisition of the platform for $44 billion by his friend and fellow billionaire Elon Musk, he’s being quiet about it. Instead, the entrepreneur has decided to finally take action to which is one of his latest fights.

Dorsey wants a new and decentralized internet. 

The emergence of the blockchain technology and the crypto sphere — cryptocurrencies, decentralized finance (DeFi) — is indeed accompanied by a desire for a democratized internet, which would not be the monopoly of large entities such as Alphabet (Google) (GOOGL) – Get Alphabet Inc. Report or Meta Platforms  (META) – Get Meta Platforms Inc. Report, the parent company of social networks Facebook and Instagram. 


Source link