Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough MonthRead More

Briefing

OnlyFans Halts Plan To Ban Pornography

By
Mark Di Stefano
· · Source: The Information

OnlyFans has suspended plans to ban pornography on the platform days after the company had announced the new policy because of apparent pressure from banks and payment providers. In a tweet on Wednesday, Only Fans said the company had “secured assurances necessary” to abandon the move. Under the plan, the company’s models and creators could continue to post nude images and video, but not...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive policy
TikTok Shifts Into Damage Control Mode
By Kaya Yurieff · March 24, 2023 3:27 PM PDT
A TikTok advertisement at Union Station in Washington, D.C., on Wednesday, March 22, 2023. Photo by Bloomberg.
TikTok and some companies that work with the popular app have shifted into damage control mode after a rancorous Congressional grilling of TikTok CEO Shou Zi Chew failed to allay lawmakers’ concerns that its Chinese parent, ByteDance, poses a national security risk. Golin, a major public relations firm that hires creators on behalf of brand clients, on Friday asked some clients to hold...
Latest Briefs
 
Amazon Starts Latest Round of 9,000 Layoffs
By Theo Wayt · March 24, 2023
Nasdaq to Launch Crypto Custody Service By End of June
By Aidan Ryan · March 24, 2023
Taking Aim at OpenAI, Databricks Releases ‘Dolly’ Language Model
By Kevin McLaughlin · March 24, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Tonal’s now-shuttered Palo Alto, Calif. retail store. Photo by Getty.
Exclusive startups
Tonal’s Valuation May Fall 90% in ‘Cram-Down’ Financing
By Maria Heeter
Tonal, a fitness startup with a cadre of celebrity backers, is crunched for cash after failing to find a buyer.
SpaceX CEO Elon Musk last August. Photo by Bloomberg
Exclusive startups electric vehicles
SpaceX Plans New Funding With Backing From Saudi, UAE Investors
By Becky Peterson
A subsidiary of Saudi Arabia’s investment fund and an Abu Dhabi investment firm are planning to invest in a multibillion-dollar funding round for SpaceX, Elon Musk’s rocket company, according to people familiar with the investor discussions.
Clockwise from top left: Julie Bornstein, Esther Crawford, Mark Hammond, Max Cutler, Kağan Sümer. Photos via Julie Bernstein, Robert Cowherd, Microsoft, Wikimedia and Kağan Sümer.
Free Agents startups
On the Market: The Founders Who Joined Microsoft, Spotify, Coinbase and Twitter
By The Information Staff
Call them acqui-fires. Several founders who took positions at the bigger tech companies that bought their startups recently lost their jobs when layoffs rolled through Silicon Valley.
Bill Gurley in 2019. Photo by Bloomberg
Exclusive
Good Eggs Cuts Its Valuation 94% in Lifeline Financing as More Startups Get Desperate
By Amir Efrati
As more startups struggle to raise money from venture capitalists and approach bankruptcy, they are going to extreme lengths to stay afloat.
Art by Clark Miller.
Opinion startups economy
SVB Is Dead. Long Live SVB.
By Jason Pontin
We all know how it began. It started on March 9, when the run on Silicon Valley Bank made the innovation economy totter and threatened a global financial crisis.
Art by Mike Sullivan
Exclusive microsoft startups
Amazon Faces Moment of Truth on Alexa as ChatGPT Steals Its Thunder
By Theo Wayt
At the 2018 Consumer Electronics Show, Amazon announced one of its biggest partnerships yet to help make its Alexa voice assistant ubiquitous: a deal with Toyota to integrate Alexa into the auto giant’s cars.