Twitter Planned To Raise Profits By Monetising Adult Content: Report

Topics

Twitter

IANS  |  New Delhi 



Twitter

Photo: Bloomberg

reportedly planned to monetise adult content on its platform this year, by allowing adult creators to sell subscriptions on the micro-blogging platform, and become profitable in a jiffy.

According to The Verge, was set to become a competitor to adult creator website OnlyFans by allowing adult creators to use its platform in the spring of 2022.

Some adult creators still reportedly rely on as a means to advertise their OnlyFans accounts, as posting porn doesn't violate its guidelines.

However, an 84-employee "Red Team" discovered that Twitter cannot detect child sexual abuse material (CSAM) at scale if it allows adult content to stream via its platform.

Twitter also lacked tools to verify that creators and consumers of adult content were above the age of 18.

The discovery by the Red Team actually derailed the project at Twitter.

"Twitter cannot accurately detect child sexual exploitation and non-consensual nudity at scale," the Red Team found.

As a result, in May, after Tesla CEO Elon Musk announced to buy Twitter for $44 billion, the company delayed the project indefinitely, the report mentioned late on Tuesday.

"Allowing creators to begin putting their content behind a paywall would mean that even more illegal material would make its way to Twitter -- and more of it would slip out of view. Twitter had few effective tools available to find it," the report noted.

Twitter's yearly revenue is nearly $5 billion, a tiny amount compared to a company like Google, which earned $257 billion in revenue last year.

Google and Meta have more sophisticated technology to identify CSAM, and still these systems are not full-proof.

"Twitter has zero tolerance for child sexual exploitation. We aggressively fight online child sexual abuse and have invested significantly in technology and tools to enforce our policy," according to Twitter which is fighting a legal battle with Musk after he terminated the $44 billion takeover deal over the presence of bots.

--IANS

na/ksk/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, August 31 2022. 12:34 IST

RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more