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As a response to charges of discrimination and negative stereotyping, Buckmaster explained that the company's policy is a response to user feedback requesting the warning on the more sexually explicit sections, including "men seeking men".
Today, all of the above listed boards (as well as some others) have a disclaimer. states that the erotic services ads were being used for prostitution.
e Bay owned approximately 25%, and Newmark is believed to own the largest stake.
to "remedy the substantial and ongoing harm to fair competition" that Craigslist claimed was constituted by e Bay's actions as Craigslist shareholders; the company claimed that it had used its minority stake to gain access to confidential information, which it then used as part of its competing service Kijiji. announced that it would divest its stake back to Craigslist for an undisclosed amount, and settle its litigation with the company.
The company does not formally disclose financial or ownership information.
"If you impose liability on Craigslist, You Tube and Facebook for anything their users do, then they're not going to take chances.
It would likely result in the takedown of what might otherwise be perfectly legitimate free expression." Craigslist announced on September 15, 2011, that it had closed its adult services in the United States, however, it defended its right to carry such ads.
The site received criticism and complaints from attorneys general that the section's ads were facilitating prostitution and child sex trafficking.
Matt Zimmerman, senior staff attorney for the Electronic Frontier Foundation, said, "Craigslist isn't legally culpable for these posts, but the public pressure has increased and Craigslist is a small company." Brian Carver, attorney and assistant professor at UC Berkeley, said that legal threats could have a chilling effect on online expression.
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Analysts and commentators have reported varying figures for its annual revenue, ranging from $10 million in 2004, $20 million in 2005, and , there have been no substantive changes to the usefulness or non-advertising nature of the site—no banner ads, charges for a few services provided to businesses.