tl;dr
Pavel Durov, the founder and CEO of Telegram, announced that the messaging platform will share user details with authorities if they violate app rules. This decision follows Durov's arrest by French authorities due to lack of cooperation regarding illicit activities on the platform. Telegram has upd...
Pavel Durov, the founder and CEO of Telegram, has announced that the messaging platform will now share user details with authorities if they violate app rules. This decision follows Durov's arrest by French authorities due to lack of cooperation regarding illicit activities on the platform.
Telegram has updated its terms of service to actively block searches for illegal goods and activities and will now share IP addresses and phone numbers of users who attempt to share illegal content with authorities. Durov emphasized that the focus of Telegram search is for finding friends and news, not for promoting illegal goods. The company is using artificial intelligence to make the search feature safer by blocking "problematic content."
French authorities allege that Telegram allowed illegal material to be shared on the platform and that Durov is under investigation for using certain types of cryptography without permission. Despite Telegram's emphasis on privacy, criminals and fraudsters allegedly use the platform to sell drugs, push crypto scams, and share child abuse images.
Telegram has gained traction in the crypto industry, particularly after the rise of The Open Network (TON), which powers popular crypto games and is used for various platform features.
Telegram founder and CEO Pavel Durov said Monday that the popular messaging platform will now share user details with authorities of those who violate the rules of the app. The move comes following his own arrest by French authorities last month, due in part to a lack of cooperation over illicit activities allegedly taking place on the platform. Durov said in a post on Telegram that the company had updated its terms of service, and that it is now actively blocking the ability to search for illicit goods and activities via search. Users who still try to share illegal content to be accessible via Telegram search could now have their IP addresses and phone numbers passed to authorities.
"Telegram search is meant for finding friends and discovering news, not for promoting illegal goods," the post reads. He continued: "We've made it clear that the IP addresses and phone numbers of those who violate our rules can be disclosed to relevant authorities in response to valid legal requests." Durov said that the Telegram team was using artificial intelligence to make Telegram search "much safer." As a result, "problematic content" now no longer shows up via the app's search bar. The feature allows people to look for groups, chats, and contacts.
French authorities arrested the CEO of the encrypted messaging app Telegram last month. The Paris Public Prosecutor's Office alleged that Telegram was complicit in allowing illegal material to be shared on the platform, and was not responsive to law enforcement requests. French authorities also alleged that Durov is under investigation for using certain types of cryptography on the platform in the country without permission. The Russian-born tech entrepreneur paid a €5 million bond ($5.5 million) to be released, but is under judicial supervision and cannot leave France.
Durov prides Telegram on being private, but criminals and fraudsters have allegedly flocked to the platform—which has nearly one billion users around the globe—to sell drugs, push crypto scams, or share child abuse images.
Telegram has gained additional traction across the crypto industry over the last year thanks to the rise of The Open Network (TON), a blockchain network that Telegram originally created but then abandoned in 2020 due to regulatory issues. Development then continued externally via a community of independent developers. TON now powers an array of popular crypto games on the platform, including Notcoin and Hamster Kombat, plus Telegram itself has increasingly embraced its use of TON over the past several months—including to pay channel operators a share of ad revenue, and to help power its Stars in-app currency.
More about Rush Street Interactive Inc
Rush Street Interactive Inc
Rush Street Interactive, Inc. is an online casino and sports betting company in the United States and Latin America. The company is headquartered in Chicago, Illinois.
Industry: TRADE & SERVICES
Sector: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION
Market Cap: 2336304000
Dividend Yield: None
Beta (5Y Monthly): -0.09
PE Ratio (TTM): 10.78
EPS (TTM): -0.0084
Volume: 801545000
Market Cap (intraday): 13.03
Forward Dividend & Yield: 0 (0.00%)
52-Week Change: 0.888
More about
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After a thorough analysis of the market charts and technical indicators, it is evident that the stock is currently testing a crucial support level at $150. If this level holds, we may see a potential rebound towards the resistance at $170. However, a breakdown below $150 could signal further downside towards $130.
The Relative Strength Index (RSI) is currently indicating oversold conditions, suggesting a possible short-term reversal. Additionally, the moving averages are converging, indicating a potential trend reversal in the near term.
It's important to note that the stock has formed a classic head and shoulders pattern, typically signaling a trend reversal. This adds weight to the potential for a bullish breakout if the support holds.
Considering these factors, investors should closely monitor the support and resistance levels for confirmation of the next directional move. It's crucial to remain cautious as market conditions can change rapidly, and past performance is not indicative of future results.
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More about United States Steel Corporation
Company: United States Steel Corporation
Business Focus: Manufacturing, Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Headquarters: Pittsburgh, Pennsylvania
Revenue: $17.01 billion
Revenue Change: 0.2%
Net Income: $2.29 billion
Market Cap: $75.31 billion
EPS: $0.034
Shares Outstanding: 1.6853 billion
Public Float: 42.16%
Beta: -0.617
PEG Ratio: -0.178
More about Tanzanian Royalty Exploration Corp
Tanzanian Royalty Exploration Corp, Tanzanian Gold Corporation is engaged in the exploration and development of mineral property interests in the United Republic of Tanzania. The company is headquartered in Vancouver, Canada.
Industry: Energy & Transportation
Focus: Gold and Silver Ores
Market Cap: 115016000
Dividend Yield: None
Beta (5Y Monthly): 0
Price-Earnings Ratio (TTM): 0.127
EPS (TTM): -0.0306
Volume: 36723000
1-Year Target Est: 1.38
52-Week Range: 2.549 - 0.625