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Got a ‘secret’ market tip? Telegram it

There’s also a technological reason for the migration of market scuttlebutt from WhatsApp to Telegram — investigative agencies had cloned mobile phones of accused persons and backed up the latter’s WhatsApp messages, which were used as evidence. Telegram has attracted over 100 million downloads globally on the Android Play Store.

By Pavan Burugula and Anandi Chandrashekhar, ET Bureau |Updated: November 22, 2019, 07.11AM IST
MUMBAI: Just a few months ago, if a sharp operator in the markets had a hot tip on a coming merger, he would have gone straight to his WhatsApp group of pals who play the same game, and shared the information. Now, he and his pals are all on Telegram. Not just that, creators of some of these Telegram
attracting certain types of users. Security researchers say the main advantage of Telegram is that the creator of a group or channel cannot be identified. The creator, however, can see, add or remove participants. Some users also think WhatsApp’s US-based servers may be vulnerable to American intelligence agencies, say researchers. Telegram claims its servers are spread across the world.

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