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Twitter Shares Slump After Suspending Trump - Foreign Affairs - Nairaland

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Twitter Shares Slump After Suspending Trump by oshozondii: 2:02pm On Jan 11
Twitter’s German-listed shares slumped as much as eight per cent on Monday, the first trading day after it permanently suspended US President Donald Trump’s account late last Friday.

The company said the suspension of Trump’s account, which had more than 88 million followers, was due to the risk of further violence, following the storming of the US Capitol last Wednesday.

At 1011 GMT, the social media firm’s US-listed shares were also off 6.8 per cent at $47.94 in thin premarket trading, according to Reuters.

It was the first time Twitter banned a head of state, sparking a worldwide controversy over the impact US tech giants can have on free speech and democracy more broadly.

For Twitter’s balance sheet itself, the decision to ban the US president is expected to have a moderate negative impact.

“Expect slight user decline, though engagement erosion is a bigger question,” Berstein analysts wrote in a note looking into the issue.

Far-right groups maintain a vigorous online presence on digital platforms like Parler, Gab, MeWe, Zello and Telegram and could disengage from mainstream social media. There could also be additional costs for Twitter and others as they seek to further moderate content uploaded by their users.

“Incremental moderation may be welcome but it’s not cheap and could benefit Facebook that already employs a moderation army (around six times) larger than Twitter’s workforce,” Berstein analysts said.

Facebook Inc has suspended Trump’s account until at least the end of his presidential term later this month.

http://saharareporters.com/2021/01/11/twitter-shares-slump-after-suspending-trump

13 Likes 3 Shares

Re: Twitter Shares Slump After Suspending Trump by Orubebe01: 2:05pm On Jan 11
E go shock Jack Dorsey when twitter go crash like mmm

136 Likes 7 Shares

Re: Twitter Shares Slump After Suspending Trump by southniyikaye(m): 2:11pm On Jan 11
You wiln some, you lose some

38 Likes 1 Share

Re: Twitter Shares Slump After Suspending Trump by LiesSlayer007: 2:13pm On Jan 11
grin grin grin grin grin grin grin grin grin grin grin grin

2 Likes

Re: Twitter Shares Slump After Suspending Trump by Paperworka: 2:15pm On Jan 11
twitter get mind sha, imagine suspending the world power president. Meanwhile some people are still twitting from Asorock

211 Likes 5 Shares

Re: Twitter Shares Slump After Suspending Trump by IamWonderful: 2:15pm On Jan 11
There is always a price to pay for every decision

143 Likes 5 Shares

Re: Twitter Shares Slump After Suspending Trump by Hongkog(m): 2:15pm On Jan 11
No cap, DONALD TRUMP IS THE GREATEST PERSON ON EARTH. Love or hate the fact can't be changed. #MAGA♡ ♡ ♡ ♡ ♡

285 Likes 18 Shares

Re: Twitter Shares Slump After Suspending Trump by WalkerMichael(m): 2:17pm On Jan 11
Trump got some huge backup no cap

98 Likes 2 Shares

Re: Twitter Shares Slump After Suspending Trump by obafemee80(m): 2:18pm On Jan 11
Hmmm
Re: Twitter Shares Slump After Suspending Trump by Kilishihunter: 2:18pm On Jan 11
Wahala
Re: Twitter Shares Slump After Suspending Trump by Rare6Pro: 2:18pm On Jan 11
Problem everywhere

2 Likes

Re: Twitter Shares Slump After Suspending Trump by Mrlouis: 2:18pm On Jan 11
THE WORLD NEEDS A COMPLETELY FREE SOCIAL MEDIA PLATFORM. ONE WHERE CONTENT AND INFORMATION CENSORING WILL ONLY BE CARRIED OUT BY THE VOTING OF ITS USERS.

152 Likes 3 Shares

Re: Twitter Shares Slump After Suspending Trump by olaboy33(m): 2:19pm On Jan 11
I expect more of this to come with Jack's new code war against Mark.
Mark is not known to take it easy with competitors.


Trump on the other hand is a fraud who Instead of making America great again (MAGA) has brought America down.

21 Likes 5 Shares

Re: Twitter Shares Slump After Suspending Trump by gabazin080(m): 2:19pm On Jan 11
almarthins:


I no be Trump fan but the actions of Twitter, Facebook against Trump really got me thinking of deleting my account. There is no such thing as human right it is all a lie
no difference between zack, mark and buhari. only freedom of speech but no freedom after speech

39 Likes 3 Shares

Re: Twitter Shares Slump After Suspending Trump by ImDStar: 2:19pm On Jan 11
As expected

3 Likes 1 Share

Re: Twitter Shares Slump After Suspending Trump by Sunnycliff(m): 2:19pm On Jan 11
Trump is a movement

109 Likes 1 Share

Re: Twitter Shares Slump After Suspending Trump by imhotep: 2:19pm On Jan 11
Trump is in sifia pains.
Meanwhile Biden 2021.

Cc lzaa

4 Likes 6 Shares

Re: Twitter Shares Slump After Suspending Trump by winterfell007(m): 2:19pm On Jan 11
It's expected. How could you deactivate 'permanently' the account of the leader of the free world, that was a bit if high handyness on the part of the Twitter boss.
Despite Trump's irrational tweets, they shouldn't have done it. That means invariably the Twitter boss gets to cherry pick who to ban and who not to ban. I think these guys are becoming overlords. Time to clip their wings

193 Likes 7 Shares

Re: Twitter Shares Slump After Suspending Trump by gabazin080(m): 2:19pm On Jan 11
Oshokalo:
them get mouth sha abi maybe they felt his about going,and one garba sheu is threatening to sue Jack Dorsey,Twitter go just delete am troway
that garba shehu suppose dey on the same stage with basket mouth and co

4 Likes 1 Share

Re: Twitter Shares Slump After Suspending Trump by SimplePlan34: 2:19pm On Jan 11
Big tech been monopolistic, parler app supports free speech and has seen a massive rise in traffic after d wave of trump suspension. Has its app removed from the play store. Hate him or love him trump is a movt. He exposed the swamp and they are trying every thing to shut ppl up.

107 Likes 3 Shares

Re: Twitter Shares Slump After Suspending Trump by danowena: 2:19pm On Jan 11
Trump is a capitalist and has always tried his best for the capital market thru stimulus and other moves .So it is no surprise that the market is reacting this way.
Same way many ran to bitcoin as a safe haven.

30 Likes 3 Shares

Re: Twitter Shares Slump After Suspending Trump by Brunicekid(m): 2:19pm On Jan 11
Trump no be small Twitter user... This kinda thing is expected!!!

49 Likes 1 Share

Re: Twitter Shares Slump After Suspending Trump by GayPontiff: 2:20pm On Jan 11
grin
Re: Twitter Shares Slump After Suspending Trump by Duridadi: 2:20pm On Jan 11
grin.. Just me...

38 Likes 1 Share

Re: Twitter Shares Slump After Suspending Trump by Kentuforchrist(m): 2:20pm On Jan 11
Hmmmm ok
Re: Twitter Shares Slump After Suspending Trump by dlaw70: 2:20pm On Jan 11
This is the only thing I want right now

19 Likes

Re: Twitter Shares Slump After Suspending Trump by tammie24: 2:20pm On Jan 11

1 Like 3 Shares

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