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Onlyfans bans “sexually explicit” content under major platform change

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If you’re blowing some money on your favourite Onlyfans sex workers, that’s soon set to stop

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

The video content platform has announced the ban will start on October 1 and is the result of requests from banking partners and companies that handle financial transaction.

Still, nudity is permitted if it’s “consistent” with the company’s policy.

But wait – there’s a catch:

Still, nudity is permitted if it’s “consistent” with the company’s policy.

It’s not clear what that policy exactly is and the company hasn’t released any further detail.

OnlyFans will be sharing more information in “coming days.”

OnlyFans has become famous as a space for celebrities to interact with people on a personal level, as well as a place where sex workers can post and get paid in a relatively safe manner.

It’s not available as an app via the Apple and Google stores, which ban pornography

OnlyFans has tried to distance itself from its association with porn and pornographic content in recent months, after recently announcing an OFTV streaming app.

The app is available for download from the major tech platforms, and features content around categories like fitness, cooking, comedy and music.

OnlyFans stated that the platform right now has 130 million users and two million creators who have collectively earned USD$5 billion.

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What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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