• AutoTL;DR@lemmings.worldB
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    9 months ago

    This is the best summary I could come up with:


    In a press release announcing the move, Proton emphasized the pair’s “shared values,” including the use of E2EE; a commitment to open-source technology; and how neither has relied upon venture capital to drive growth.

    This includes building on its first acquisition — email alias startup SimpleLogin, which it acquired in 2022 — as well as developing and launching fully fledged password manager app Proton Pass in June.

    So the company is evidently not allergic to user acquisition and other consolidation-based growth opportunities where it sees enough philosophical overlap plus the chance to deepen its technical bank.

    “The deal is a strategic decision designed to benefit users by bringing to market secure, easy to use, private products that anyone can access,” Proton wrote.

    “Standard Notes and Proton engineers will begin working together immediately to ensure their combined skills and experience bear fruit for users as soon as possible.”

    Asked about the sustainability of pro-privacy business models that don’t rely on exploitation of user data — when so much of mainstream tech still continues to roll in the opposite, data-mining direction — Yen emphasized the need for long-term thinking by privacy startups.


    The original article contains 967 words, the summary contains 190 words. Saved 80%. I’m a bot and I’m open source!