Telegram’s userbase climbs to 950M, plans to launch app store

Quick Summary:

Subject to shareholder approval, Yandex N.V.is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year.

The company has long supported cryptocurrency and blockchain initiatives, but its own efforts to enter the space slowed down after its initial coin offering failed in 2018.

Earlier this month, Telegram started letting channel owners convert stars to toncoin to buy ads at discounted rates or trade cryptocurrencies.

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Article Details

Author / Journalist: Ivan Mehta

Category: Technology

Markets: United StatesIndiaSingapore

Topics: Telegram channels Crypto Telegram Cryptocurrency Apps

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 07:30:23 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 884 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21747353

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