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Trump's Twitter ban Economic Effects| Donald Trump, President,Facebook,Twitter,US Election
Twitter bans Trump along with Facebook and other social media companies. But at a great cost. Their stocks fell due to a lack of confidence from Investors. the attack on capitol hill had made people accuse President Donald J Trump of inciting it and social media sites banned him from his accounts. Investors are worried because the lack of trump may lead to less engagement, an exodus of conservatives from the twitter platform and a rise in the regulation of social media companies. Facebook and Twitter have been accused of a liberal bias and of censorship. Is big tech censorship a threat? Twitter has also been censoring trump on the 2020 US election on claims of voter fraud
Carson Alworth Video:https://www.youtube.com/watch?v=vhFxa6EgF9U
Sources:
Twitter loses $5 Billion:
https://www.aa.com.tr/en/economy/twitter-loses-5b-shares-down-12-since-trump-ban/2106401#
Facebook Business Insider $34 Billion:
https://markets.businessinsider.com/news/stocks/facebook-stock-price-president-trump-ban-capital-riots-zuckerberg-fb-2021-1-1029956600
3 Reasons why investors are worried about the Trump ban:
https://www.fastcompany.com/90593224/twitter-stock-trump-ban
PEW data:
https://www.pewresearch.org/fact-tank/2021/01/15/how-lawmakers-social-media-activity-changed-in-the-days-after-the-u-s-capitol-riot/
Market Watch Article:
https://www.marketwatch.com/story/twitters-trump-ban-could-hurt-user-engagement-but-appeal-to-advertisers-analyst-say-11610384305
State boycott article:
https://www.wflx.com/2021/01/14/florida-lawmaker-calling-state-boycott-social-media/
BBC Qanon article:
https://www.bbc.co.uk/news/technology-55638558
Twitter German shares article:
https://guardian.ng/business-services/twitter-suffers-loss-as-million-boycott-whatsapp/
Angela Merkel:
https://www.aol.co.uk/news/2021/01/12/angela-merkel-sees-twitter-s-cancelling-of-donald-trump-as-prob/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANaUjsu1KDlHV1Gle2L3L2RgBdLQHd5XToTwrjCiAiude3vQZPWKo4eOIxE0ldg13MzmLG-XmZpkR3Y_zE0WVvxYrHHClUshkOpWojSeFlKzaEzixzeK5FjJNVFoYuFsasdiI7wGy15xb-P3z_m3Ezho73Z5tmi2FRzwy8nUd_MI
New York Post World Leaders article:
https://nypost.com/2021/01/12/merkel-world-leaders-speak-out-against-trumps-twitter-ban/
#Trump
#Twitter
#CapitolHill
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