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Proton is taking its privacy-first apps to a nonprofit foundation model (arstechnica.com)

submitted 5 months ago* (last edited 5 months ago) by AnActOfCreation@programming.dev to c/technology@lemmy.world

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Proton, known for its secure email and productivity services, is transitioning to a nonprofit foundation model, ensuring it remains mission-focused without reliance on external subsidies.
The Proton Foundation, now the primary shareholder, is located in Switzerland, which mandates that foundations act according to their established purpose, bolstering Proton's commitment to privacy.
Proton has expanded its offerings to include cloud storage, password management, calendars, and VPN services, all designed with end-to-end encryption and hosted in Switzerland, enhancing its privacy-first approach.

We believe that if we want to bring about large-scale change, Proton can’t be billionaire-subsidized (like Signal), Google-subsidized (like Mozilla), government-subsidized (like Tor), donation-subsidized (like Wikipedia), or even speculation-subsidized (like the plethora of crypto “foundations”)," Proton CEO Andy Yen wrote in a blog post announcing the transition. "Instead, Proton must have a profitable and healthy business at its core."

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