Twitter founder Jack Dorsey described the suspension of former President Trump's account as 'the right thing to do as a business, but the wrong thing to do to the internet and society,' and will provide messaging app Signal with $1 million a year to accelerate the open internet.

Twitter founder and former CEO Jack Dorsey expressed his thoughts in a blog post following the release of the internal company documents 'Twitter Files.' In the blog, Dorsey confessed that Twitter's path was 'right as a public company, but wrong for the Internet and society,' and warned about the current state and future of social media.

a native internet protocol for social media | Revue
https://www.getrevue.co/profile/jackjack/issues/a-native-internet-protocol-for-social-media-1503112

Jack Dorsey warns against attacks on Twitter staff and dedicates $1M a year to Signal | TechCrunch
https://techcrunch.com/2022/12/13/jack-dorsey-warns-against-attacks-on-twitter-staff-and-dedicates-1m-a-year-to-signal/

Jack Dorsey says he will give $1 mln per year to Signal app | Reuters
https://www.reuters.com/technology/jack-dorsey-says-he-will-give-1-mln-per-year-signal-app-2022-12-13/

Dorsey laid out three principles for social media: 'It should be flexible to corporate and government control,' 'Only users can remove their own content,' and ' Moderation should be done by algorithmic selection.'

1. Social media must be resilient to corporate and government control.
2. Only the original author may remove content they produce.
3. Moderation is best implemented by algorithmic choice.

— jack (@jack) December 13, 2022

In his statement, Dorsey pointed out that Twitter has not and will not meet the 'Social Media Principles.' He described Twitter's past and present path as 'its biggest mistake,' and said that suspending former President Donald Trump's account was 'the right thing to do as a public company, but the wrong thing to do for the internet and for society.'

I do not celebrate or feel pride in our having to ban @realDonaldTrump from Twitter, or how did we get here. After a clear warning we'd take this action, we made a decision with the best information we had based on threats to physical safety both on and off Twitter. Was this correct?

— jack (@jack) January 14, 2021

On the other hand, Dorsey has denied the rumors and allegations in the Twitter files , saying, 'There was no malice or hidden intent, and everyone acted according to the best information they had at the time,' and hopes that they will be made public in a way that takes into account the eyes and interpretations of many people. In addition, in response to the current situation in which former Twitter employees are being criticized, he said, 'Attacking former employees will not solve anything, and if you want to criticize them, please direct it at me and my actions and lack of action.'

A former member of the Trust & Safety Council who quit because he was fed up with Twitter explains why he quit, and Musk also appears in a heated debate - GIGAZINE

Dorsey cited platforms like Bluesky and Mastodon as worthy avenues for development of decentralized social media.

In addition, to make social media a native part of the internet, the company is giving Signal, a messaging app that is considered to have a very high level of security, $1 million a year and is looking for further efforts.