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is there something about rust which precludes copyleft licensing?
(programming.dev)
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MS and other corps love MIT and related licenses because they can just take the code and basically do whatever with it in their projects, so it makes sense for them to promote it. Generally speaking, they won't touch GPL/AGPL as it would force them to distribute their source.
I believe it was a very intentional choice to use a permissive license for Rust. If they hadn't, it would not have been as popular as it is today, nor would it have big money behind it. https://rustfoundation.org/members