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Privacy app maker Proton transitions to non-profit foundation structure | TechCrunch

Proton, the Swiss company behind a suite of privacy-focused apps such as ProtonMail, is following in the footsteps of Signal and Mozilla by transitioning to a new non-profit foundation model. The newly setup Proton Foundation will serve as the main shareholder to the existing corporate entity that is Proton AG, which will continue as a for-profit company under the auspices of the Foundation. This, according to CEO Andy Yen, is designed to make the organization self-sustainable, without having to...

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