Signal maybe facing collapse after CIA cuts Funding

Signal, the encrypted messaging app, is reportedly facing financial difficulties after the CIA cut its funding. Meredith Whittaker, Signal's president, revealed that the app's operating costs for 2023 are $40 million, projected to rise to $50 million by 2025. The app was initially developed with significant financial support from the US intelligence community, particularly through the Open Technology Fund (OTF), which is linked to the US Agency for Global Media. This funding was part of a broader initiative aimed at promoting "Internet Freedom" and supporting dissidents in repressive regimes. However, as Signal gained popularity among Western users, it appears that the intelligence community's support waned. The app has expressed willingness to exit the UK market rather than comply with new regulations that could compromise user privacy. Despite its origins as a tool for promoting regime change, Signal now finds itself in a precarious position, struggling to maintain operations without the backing it once received from US intelligence.

- Signal is facing financial challenges after the CIA cut its funding.

- The app's operating costs are projected to rise significantly in the coming years.

- Signal was initially funded by the US intelligence community to promote "Internet Freedom."

- The app is willing to exit the UK market to protect user privacy.

- Signal's popularity among Western users may have contributed to the withdrawal of intelligence support.