Sounds not that bad. They would be the first bigger companies, who would make usage of the protocol. If they then also get control of their spam and improve moderation, then that is actually good, isn't it?
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yeah, as long as they don't back out of it in a few years.
the fact that they're now owned by automattic (wordpress) makes me optimistic they won't. in fact, they might even help evolve activitypub into something that doesn't suck as much as it does now.
There is always a risk, even with currently established platforms.
This is great news!