The tech giants are trying to distance themselves from accusations they helped fuel the violence during the storming of the Capitol in Washington on Jan 6 by a mob encouraged by Trump. — Bloomberg
Tech firms tried to contain a mounting backlash against their social media sites, with shares of Twitter Inc and Facebook Inc falling in early trading and rival platform Parler forced offline by Amazon.com Inc.
Twitter fell 7.8% in pre-market trading in New York after it banned President Donald Trump permanently for risking incitement to violence, citing posts referring to riots in the US capital last week, removing one of Twitter’s biggest accounts. Facebook’s shares were down 2%.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
