The exchange is about Meta’s upcoming ActivityPub-enabled network Threads. Meta is calling for a meeting, his response is priceless!
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Also: why would you want to discuss confidential information in the presence of Meta of all companies? Their reputation precedes them.
The only confidential information about the fediverse that I can see is account information. And maybe metrics. But most metrics can be gathered by polling APIs of servers anyway. It’s an open system, unless they defederate with you.
IMO the “confidential” part is that they want to offer this person some kind of deal to shut their shit down or assimilate. Basically, they’re going to offer to “buy them out” (though that phrase doesn’t seem completely appropriate to the non-corporate world, so it’s a little weird to use it).