Posted on 01/11/2021 11:15:13 AM PST by BlackFemaleArmyColonel
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?
How’d you do it? I am trying to deactivate mine too but can’t find out how?
I have an old account I never used from way back too.
closed out my linkedin too just for good measure.
closed down my mac computers, and switched to Linux.
Agreed but have patience. This is only day one...........
It’s great.
But fact of the matter is, Twitter doesn’t care and is fine with losing it.
For the “greater good” and they will finally get their China $trillions.
12 %
Need to wipe it all out-—$40 billion.
Damn, am I reading this right? It’s total assets are $10 billion? So they lost half their worth?
Net income US$1.47 billion (2019)
Total assets US$10.16 billion (2018)
Total equity US$6.8 billion (2018)
Employees 4,600 (September 2019)
Just keep posting pro-Trump and anti-commie messages and guaranteed they will close it for you.
I want to see those people having to take up dumpster diving for their sustenance. Before they get rendition-ed to an undisclosed location for some serious enhanced interrogation sessions.
A guy can dream, right?
Interesting. Never heard of this related Dorsey corporation. What’s its market edge?
I just figured it out. Thanks anyway!
What a DIVERSE little leadership group they have...
Rush stated today that he had deleted his Twitter account over the weekend and he had 89 million followers (I may have been mistaken) but if only half of them follow suit, that will be a huge blow to Twitter......
All those on the left have the idea their choices/beliefs are also the main belief out here... they know not that people are not used to kingship and control... we are a free nation and they don’t get it at all. We are not going to be controlled!
Dorsey has other problems right now HUGE internet provider out of Idaho says they are going to be shutting down FB and Twitter for blocking FREE SPEECH in this country PEOPLE are fighting back!!!
Now run a report on who placed calls on Twitter stock in the last two weeks with the goal of making money on the downside.
These will be the people who need to be arrested.
Economic POW er. Use it.
He verified that this past half hour and here's the kicker, he had 89 million followers and if even half follow suit, that will be a huge blow to twitter......
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