Politics

Twitter Shares in Decline After Mass Purging of Conservative Accounts

Following the ban of Donald Trump on Twitter the social media outlet has been on somewhat of a purge of accounts that are conservative/libertarian in nature. Here at The Liberty Herald we have noticed a sharp decrease in followers since last week.

Now, news is breaking that shares of Twitter are in a sharp decline following these purges.

From Fox Business:

Twitter Inc. shares were under pressure Monday after the social-media platform deleted President Trump’s account in a move the company said was done to prevent further violence.

Shares of the Palo Alto, Calif.-based company fell more than 10% at the opening bell, erasing more than $2.5 billion from Twitter’s $41 billion market capitalization. Facebook Inc. and Alphabet Inc. were also lower after Trump’s accounts were removed from their platforms.

Most recently former Congressman Ron Paul has had his Facebook account blocked without any notice.

Twitter has longed tried to silence voices that they deemed to be against their own company policies. Over the past few years they have taken concerted efforts to enact stricter moderation policies that have come under scrutiny from leaders in Washington, including the newly banned President of the United States.

Categories: Politics

Tagged as: ,

Leave a Reply