Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Monday that he is a benefactor to the messaging app Signal.
What Happened: The entrepreneur said on Twitter early Monday that he had donated to Signal a year ago and he will “donate more.”
The free and open-source messaging app saw a surge of users after Musk endorsed it earlier last week in a separate tweet.
— Elon Musk (@elonmusk) January 7, 2021
Musk had taken to Twitter after the attack on the United States Capitol by the supporters of outgoing President Trump and made a thinly veiled attack on social networks, specifically Facebook Inc (NASDAQ: FB) and its CEO Mark Zuckerberg, without directly naming any individual or entity.
Data to be shared includes “battery level, signal strength, app version, browser information, mobile network and connection information (including phone number, mobile operator or ISP), language and time zone, IP address, device operations information, and identifiers,” Forbes reported.
However, the social media backlash has meant that WhatsApp users are opting to join Signal, an app co-founded by Brian Action, who was also a WhatsApp co-founder and has been critical of the latter’s privacy policies, as per the Verge.
Price Action: Tesla shares closed nearly 7.8% higher at $880.02 on Friday and fell 1.42% to $867.50 in the after-hours session. On the same day, Facebook shares closed nearly 0.4% lower at $267.57 and fell 0.14% in the after-hours session.
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