Because of Swiss laws, there are no shareholders, and only one mission.
Proton, known for its secure email and productivity services, is transitioning to a nonprofit foundation model, ensuring it remains mission-focused without reliance on external subsidies.
The Proton Foundation, now the primary shareholder, is located in Switzerland, which mandates that foundations act according to their established purpose, bolstering Proton's commitment to privacy.
Proton has expanded its offerings to include cloud storage, password management, calendars, and VPN services, all designed with end-to-end encryption and hosted in Switzerland, enhancing its privacy-first approach.
We believe that if we want to bring about large-scale change, Proton can’t be billionaire-subsidized (like Signal), Google-subsidized (like Mozilla), government-subsidized (like Tor), donation-subsidized (like Wikipedia), or even speculation-subsidized (like the plethora of crypto “foundations”)," Proton CEO Andy Yen wrote in a blog post announcing the transition. "Instead, Proton must have a profitable and healthy business at its core."
I'm sorry, but I'm not going to move all my Data to a company (even if non profit), that openly admits they give Europol complete and unrestricted access to said data. I'll stay with Posteo.
Complete and unrestricted access, following a court order, to the data they have access to, this does not include the contents of your emails or the files in your drive, which are e2ee.
Last time I read about something like that was them giving away an email address iirc.