Mozilla explains their recent foray into advertising - A free and open internet shouldn’t come at the expense of privacy - eviltoast

MARK SURMAN, PRESIDENT, MOZILLA Keeping the internet, and the content that makes it a vital and vibrant part of our global society, free and accessible has

  • tetris11@lemmy.ml
    link
    fedilink
    arrow-up
    5
    arrow-down
    1
    ·
    1 month ago

    and only now the investors are asking for their return? Or the investors aren’t re-investing and that’s the problem?

    • Ants Are Everywhere@mathstodon.xyz
      link
      fedilink
      arrow-up
      8
      ·
      edit-2
      1 month ago

      @tetris11 @GnuLinuxDude

      Mozilla Corporation – which makes Firefox – is a wholly owned subsidiary of Mozilla Foundation. The foundation is a nonprofit.

      A nonprofit can’t generate a lot of business income unrelated to its mission. Firefox used to generate a lot of income, so it had to be spun off into a taxable entity called Mozilla Corporation.

      The corporation doesn’t have investors in the usual sense.

      • tetris11@lemmy.ml
        link
        fedilink
        arrow-up
        4
        ·
        1 month ago

        Christ that’s a messy inheritance model. Hopefully Firefox will be spun off to, and will have to focus solely on the browser.