• @fartsparkles@sh.itjust.works
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      fedilink
      67 months ago

      It’s not a loophole. As a subsidiary, profits are still invested into the nonprofit and they’re still guided by the Mozilla manifesto. It just lets them do more and raise more funds which would be difficult to do with nonprofit status (selling default search engine for instance). Here’s their original press release when they incorporated Mozilla Corporation in 2005.