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OnlyFans reverses sex ban following user backlash

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After backlash from creators, OnlyFans has announced it will delay making changes to its policy on content creation

https://twitter.com/tickerNEWSco/status/1430658684330328067

Last week the content subscription service announced plans to block sexually explicit photos and videos from this October.

OnlyFans, a site where fans pay creators for their photos and videos, is planning to ban “sexually explicit” content.

The video content platform had announced a ban will start on October 1, as a result of requests from banking partners and companies that handle financial transactions.

However, the popular platform tweeted it has “suspended the planned policy change”.

TWEET ON AUGUST 25
TWEET ON AUGUST 22 REGONISING BACKLASH

It is currently unclear if the delay will be permanent.

“Thank you to everyone for making your voices heard,” said the company on twitter.

“We have secured assurances necessary to support our diverse creator community and have suspended the planned 1 October policy change.

“OnlyFans stands for inclusion and we will continue to provide a home for all creators.”

OnlyFans makes its money by taking 20% of all payments made to its content creators.

In an email to its users, OnlyFans says that the proposed 1 October 2021 changes are “no longer required, due to banking partners’ assurances that OnlyFans can support all genres of creators.”

“OnlyFans is committed to providing a sage and dependable platform for all creators and their fans.”

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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