CEO Pavel Durov said in a post on Monday that the debt of social media app Telegraph is about $2 billion (about Rs 170,37 crore) and is the “meaningful share” of the first It’s profitable at one time.
This milestone is reached when messaging services face increasing scrutiny to assist in the dissemination of misinformation and illegal content such as child sexual abuse material. French prosecutors accused Russian-born Durov in August of being involved in crimes committed by the app, so he was not allowed to leave the country.
Durov said the Telegram’s total revenue exceeded US$1 billion (about Rs 8518 crore) in 2024, and its cash reserves exceeded US$500 million (about Rs 4.2253 crore).
The Telegraph has over 900 million active users, and the governments of authoritarian regimes from the EU to Russia and Iran have caused anger due to the illegal content it hosts and its unresponsiveness to the revocation request.
In Moldova, authorities claimed this year were used to organize Russian-backed actions aimed at undermining the country’s European aspirations.
Misinformation spread on the telegram after the deadly floods in Spain claimed more than 150 lives last month. False claims range from death to debunked statements that storms have been made to destroy Spanish crops.
White Supresist groups work to recruit new members through telegrams as the U.S. election progresses, where they amplify racist plots while pretending to be human-only struggle clubs, according to civil rights groups and researchers who study extremism. .
Telegram spokesman Devon Spurgeon said the app is committed to “responsibly combating misinformation.”
“We do this by providing users with content they subscribe to and providing verification systems to help users identify official channels,” Spurgeon said. “We also don’t deploy algorithms that promote sensational content.”
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(This story has not been edited by Tech Word News’s staff and is automatically generated from the joint feed.)
