Last Thursday, the Tesla chief tweeted: “Use Signal,” which sent Wall Street to a Texas company’s stock that has nothing to do with encrypted messaging.
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The Signal Advance stock soared tenfold in the session on Monday, reaching $70, before ending at $36.99, up from $7.19 on Friday with an increase of 450 percent.
Signal Advance said that we appreciate that people want to participate in the record growth of Signal, but it’s not about us, adding that it’s a non-profit organization.
Data sharing with Facebook forced on WhatsApp users
At the same moment, Elon Musk’s appeal was also thoroughly utilized by the Signal messaging app, leading the way in India, Germany, France, and Hong Kong.
Users of the app are required to exchange their knowledge with the largest social network in the world and its numerous organizations (Instagram and Messenger). The note also explains that users will have to accept the new conditions before February 8, if they want to continue using WhatsApp.