Telegram Uses AI To Filter Problematic Data, Will Share User Info To Authorities
Portfolio Pulse from Stjepan Kalinic
Telegram's CEO Pavel Durov has agreed to share user data with authorities under legal requests, marking a shift in the company's privacy stance. This decision comes amid legal challenges and could impact Telegram's business model, potentially benefiting competitors like Signal and WhatsApp. Meta Platforms Inc. (NASDAQ:META) saw its stock reach a new all-time high following the news.
September 23, 2024 | 9:31 pm
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Meta Platforms Inc. (NASDAQ:META) stock reached a new all-time high following news of Telegram's shift in privacy policy, which could lead to a user exodus benefiting competitors like WhatsApp.
Telegram's decision to share user data with authorities could lead to a loss of users seeking more privacy-focused platforms. WhatsApp, owned by Meta, could benefit from this shift, contributing to the rise in Meta's stock price.
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