It looks as though Big Tech is learning a very staunch financial lesson on your Monday morning. Twitter has now lost over $5 billion in market share since opening bell on Monday, as the tech giant faces major backlash after banning President Trump.
The massive fall is following the platforms banning of President Donald Trump, General Michael Flynn, Lin Wood, Sindey Powell, and a slew of other high profile conservatives the site banned in the last 72 hours.
Banning the leader of the free world is not only a violation of the 1st amendment, but part of yet another coup by big tech corporations and the Democrats to try to illegally remove Trump from office.
The President who had more than 88 million followers gave the platform a massive influx of supporters and revenue from their tweets and content.
Twitter stock has fell by 12% so far and counting, the share-price decline wiped $5 billion from Twitter’s market capitalization.
Will other tech companies realize that banning one of the most popular President’s in history is a bad career move? Or will they continue to try to ban conservatives and end free speech in America?
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Fake news. Where’s the proof? Where’s the source of this information. The citation?
Can’t wait till is 60% + down! 12% isn’t near enough!
This 12% isn’t a big enough loss. It needs to be MUCH larger – the same with all other BIG TECH who decided that they would re-write the constitution, eliminating the First Amendment. Like Ma Bell and the Electric Company – these huge monopolies need to be broken up. They have made a direct attack on America. America needs to attack back.
A platform like Twitter supposed, instead Twitter forget the principle of the democracy, I heard from Marine Le Pen, the purpose of democracy is to hear disagreement what an amazing concept. No Twitter is acting like publisher.
Jeffrey Lopez is a very stupid person
This is out of date. As of this post Twitter is down 5.3% today, it bounced back and is trailing down again.
You’re an idiot just like the rest. There’s never been free speech on Twitter. It’s not the gov’t nor is it acting on behalf of the gov’t. You guys need to relearn when free speech applies because it doesn’t apply to anything anywhere. Jesus Christ how ignorant are you ppl?
Liberals : TWITTER IS A PRIVATE COMPANY , THEY CAN DO WHAT THEY WANT !
Also Liberals : PARLER HAS TO BE SHUT DOWN !!!!
If Twitter is a private company and can “do what they want” and it has nothing to do with free speech, then why are all the leftists Big Techs so worried about sites like Parler? Should they not be deemed a “private company” that can do what they want ?
Who edited this?! 🤣