Telegram Profitable for First Time After App Pays Down Debts
- Milestone comes as the messaging app faces increasing scrutiny
- CEO faces charges in France for crimes committed on his app
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Social media app Telegram is profitable for the first time after paying down “a meaningful share” of some $2 billion in debt, Chief Executive Officer Pavel Durov said in a post on X Monday.
The milestone comes as the messaging service faces increasing scrutiny for aiding the spread of misinformation and illegal content such as child sexual abuse materials. French prosecutors in August charged the Russian-born Durov in connection with alleged crimes committed on the app and he is not allowed to leave the country.