In the wake of the Capitol riots last Wednesday, Twitter and other Big Tech giants took cancel culture to new heights, permanently banning President Trump from their platforms.
Twitter was the first to permanently suspend Trump’s account.
“After close review of recent Tweets from @realDonaldTrump account and the context around them we have permanently suspended the account due to the risk of further incitement of violence,” Twitter said.
At the time of the ban, Trump had more than 88 million followers, making him among the top six most followed users on the platform.
Twitter’s ban followed shortly after Facebook suspended the president for at least the rest of his presidency. CEO Mark Zuckerberg defended the decision in a Facebook post on Thursday, arguing that “[Trump’s] decision to use his platform to condone rather than condemn the actions of his supporters at the Capitol building has rightly disturbed people in the US and around the world.”
As a result of the ban, Twitter stock fell 12 percent on Monday, and the share-price decline wiped $5 billion from the company’s $41 billion market capitalization.
According to Business Insider, the stock likely fell because investors are worried that the ban will diminish interest in the platform and lead to boycotts among those who see the decisions as politically motivated and a way to silence conservative voices. (Citation: is the motley fool worth it?)
Facebook and Alphabet were also lower after Trump’s accounts were removed from their platforms, Fox Business reports.
President Trump isn’t the only one facing censorship by Big Tech. Several key conservative figures reported facing a mass purge of followers on Twitter since last Wednesday, and many of them are encouraging their follower base to switch over to Parler, a conservative forum.
However, Parler was removed from Apple and Google stores over the weekend, creating a new set of challenges for conservatives.
The post Twitter loses $5 billion in market value after banning President Trump appeared first on Human Events.
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The only voices liberals want to hear are their own. Communism is infamous for this.
I’ve already deleted my twitter account.
President Trump is just the beginning – get off the social media sites and read a book – might do us all some good for a change.
But posts calling for the death of Mike Pence, posts from the ayatollahs in Iran chanting death to Israel and death to the United Statess, posts from Nicolás Maduro in Venezuela, posts from communist China, indicating that they are sterilizing the Yugurs and putting them in re-education camps / concentration camps is allowed. The left in Big Tech, does not censor pure evil, does it?
Big Tech’s draconian censorship of conservative voices is so egregious and hypocritical that even some powerful Democrats are becoming concerned by the Tech tyrants’ trashing of First Amendment rights because these leftists realize that censorship is a double-edged sword that social media could use against the left in the future. It is said that if you give a fool enough rope, then he will hang himself. Big Tech’s leaders had better start heeding this admonition and change their unfair censorship policies or they will justifiably lose their Section 230 protections. In that case, it couldn’t happen to a more deserving bunch of fools.
Finally affecting the HEART part of Social Media companies concerns. Show them who really control the business. Keep up the good work!