• Signal Facing Collapse After CIA Cuts Funding

    December 10, 2023
    No Comments

    Please Follow us on Gab, Minds, Telegram, Rumble, GETTR, Truth Social, Twitter 

    On November 16th, Meredith Whittaker, President of Signal, published a detailed breakdown of the popular encrypted messaging app’s running costs for the very first time. The unprecedented disclosure’s motivation was simple - the platform is rapidly running out of money, and in dire need of donations to stay afloat. Unmentioned by Whittaker, this budget shortfall results in large part due to the US intelligence community, which lavishly financed Signal’s creation and maintenance over several years, severing its support for the app.

    Never acknowledged in any serious way by the mainstream media, Signal’s origins as a US government asset are a matter of extensive public record, even if the scope and scale of the funding provided has until now been secret. The app, brainchild of shadowy tech guru ‘Moxie Marlinspike’ (real name Matthew Rosenfeld), was launched in 2013 by his now-defunct Open Whisper Systems (OWS). The company never published financial statements or disclosed the identities of its funders at any point during its operation.

    Sums involved in developing, launching and running a messaging app used by countless people globally were nonetheless surely significant. The newly-published financial records indicate Signal’s operating costs for 2023 alone are $40 million, and projected to rise to $50 million by 2025. Rosenfeld boasted in 2018 that OWS “never [took] VC funding or sought investment” at any point, although mysteriously failed to mention millions were provided by Open Technology Fund (OTF)...

    To read more visit Kit Substack.

    ‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!  



    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of

    Inline Feedbacks
    View all comments
  • Subscribe to our evening newsletter to stay informed during these challenging times!!