Elon Musk Says Instagram Pedophilia Controversy 'Extremely Concerning' — But Is Twitter Blame Free?
Portfolio Pulse from Ananya Gairola
Elon Musk expressed concern over a report revealing that Instagram's recommendation system facilitates connections between pedophiles and content sellers. The platform, owned by Meta Platforms Inc., has over three times the number of accounts dedicated to selling child sex abuse material compared to Twitter. Twitter has a faster response in removing such accounts.
June 08, 2023 | 5:10 am
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Elon Musk's concern over Instagram's pedophilia controversy may negatively impact Meta Platforms Inc.'s reputation and stock price.
The report revealing Instagram's recommendation system facilitating connections between pedophiles and content sellers is a significant issue for Meta Platforms Inc. This controversy may damage the company's reputation, leading to potential loss of users and advertisers, which could negatively impact the stock price in the short term.
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