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Beeper Messaging App That Irked Apple Is Acquired by WordPress.com Owner
(www.bloomberg.com)
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I know what you mean, but I think private chat and public posting are quite distinct. They'd destroy a lot more trust if they sell private messages compared to what they did with Tumblr. Especially if they continue to push local bridges, where they won't be able to read any message (you still have to trust them obviously).
If they push local OpenSource bridges, or if you're willing to self-host your own, then I'd consider using them.
Otherwise, any private "E2E" encrypted messages, will get decrypted on their bridges, and we'll have to play ToS whack-a-mole to find out whether they're fair game to train LLMs or not.