š¬ Telegram hits 900mn users and nears profitability as founder considers IPO
Telegram has grown to become one of the worldās most popular social media apps while making āhundreds of millions of dollarsā in revenues, owner Pavel Durov told the FT.
āWe are hoping to become profitable next year, if not this year,ā said the Russia-born founder in his first public interview since 2017.
The company has ābeen offered $30bn-plus valuationsā from potential investors including āglobal late-stage tech funds,ā but Durov ruled out selling the platform while it explores a future initial public offering.
@RiseGS
British man attacked for entering a āno-go zoneā in London.
A horde of Islamists surrounded him and questioned why he was in ātheirā neighborhood.
They threatened him and began chanting āAllahu Akbarā as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in todayās dollars.
That shortfallāmore than $600,000 per coupleāis being made up by younger workers.
āMost of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behindā
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619