Decentralized social network Mastodon has announced plans to transfer its ownership to a new nonprofit entity. Ownership of Mastodon will move away from the control of CEO Eugen Rochko, in contrast to the power exerted by other social media CEOs like Meta cofounder Mark Zuckerberg and X owner Elon Musk.
“Simply, we are going to transfer ownership of key Mastodon ecosystem and platform components to a new nonprofit organization,” Mastodon says in a blog post, “affirming the intent that…
