How Secure is the WhatsApp Competitor Signal?
The messaging service Signal, operated by a foundation, positions itself as an alternative to major US data-gathering corporations. Europe spokesperson Bartenberger discusses the distinctions from WhatsApp and the app's funding model.
For those seeking a messaging app that doesn't involve entrusting their data to a large corporation, the options can be limited. An application like WhatsApp, a Meta subsidiary, is so widely used that it's difficult to avoid. However, a non-commercial alternative is gaining traction in Germany: the Signal app, managed by a non-profit foundation. Its market share in the country is around 14 percent. "We are not dependent on a government, an organization, or a company," says Martin Bartenberger, Signal's Europe spokesperson, in the Capital business podcast.
Within industry circles, the application's appeal lies not only in its end-to-end encryption principle but also in the fact that its operator has no access to users' personal data. "With Signal, who is in my contact list, who I communicate with, and which groups I belong to are encrypted," explains Bartenberger. "All of this data is not encrypted with WhatsApp."
But how truly secure is the messenger with the blue icon, especially given that it also utilizes servers in the USA? The podcast delves into this question in conversation with Bartenberger, also shedding light on the foundation's funding. "Signal currently needs $50 million per year to operate and to pay the people who develop Signal," states Bartenberger. "That's a significant amount of money, but so far, we have had the support of the community."
Novedades — Economy News

Former Billionaire René Benko Seeks Prison Carpentry Job Amidst Signa Collapse
Former billionaire René Benko, the architect behind the now-insolvent Signa Group, has been in pre-trial detention for over a year. He is now reportedly seeking to take up carpentry during his time in custody. His lawyer confirmed Benko's intention to work as a carpenter, explaining that

AI Bubble: Economist Sees No Soft Landing
Paul Kedrosky, an investor and research fellow at MIT, expresses significant concerns regarding the current trajectory of the AI sector. He asserts that an excessive number of data centers are being constructed across the USA, designed for the artificial intelligence industry, which vastly surp

Taxfix Nears Profitability, Reduces Losses & Eyes US Expansion
The Berlin-based tax startup Taxfix is making significant strides towards achieving profitability, having substantially reduced its annual losses. The company, which attained unicorn status with a valuation of one billion Euros in 2022, reported a deficit of 19.5 million Euros on revenues of 67

Retirement Planning: The Ideal Wealth for Every Age
Starting early with retirement planning can significantly ease later life. However, many individuals begin without a clear strategy. This article explores the ideal amount of wealth you should have accumulated at different stages of life to ensure financial security.

Irankrieg: Ölkonzerne verbuchen Milliarden-Zusatzeinnahmen trotz Konflikt
Deutscher Text (neu formuliert) Die aktuellen geopolitischen Spannungen, insbesondere der Konflikt im Iran, treiben die Ölpreise in die Höhe und bescheren den großen Ölkonzernen unerwartete Milliardengewinne. Experten prognostizieren, dass allein amerikanische Unternehmen in diesem Jahr üb

Dollar Weakness: Strategies for MSCI World Investors to Tackle Currency Losses
The U.S. dollar experienced a notable downturn following Donald Trump's inauguration. This depreciation resulted in financial losses for investors across Europe. A critical question arises: how advisable and effective is it to implement strategies aimed at hedging against such currency fluctuat