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Re:FUTO – An independent software lab and grant fund by ilaksh on Friday May 12, 2023 @10:30AM (#35916884)
I'm pretty sure it stands for "F*!$/ You Tech Oligopoly".

FUTO is not a company.

Re:FUTO – An independent software lab and grant fund by Zyansheep on Friday May 12, 2023 @10:02PM (#35924734)
Officially it's just 4 letters that sound nice together... but the name is up for interpretation :D My personal favorite is "Fight to Upend the Tech Oligopoly" but there are many others.