'Anti-Facebook' social network gets fresh funding - Press Trust of India
0:7 HRS IST
San Francisco, Oct 23 (AFP) Flush with a reported USD 5.5 million in fresh funding, upstart social network Ello today legally changed its corporate standing to back a promise to remain ad-free.
Ello converted to a public benefit corporation, which it described as "a new kind of for-profit company in the USA that exists to produce a benefit for society as a whole - not just to make money for its investors.
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