While the generally disliked President Trump’s ban from Twitter caused masses to celebrate and congratulate the social media app for making the right choice. They had to face some repercussions for it as well.
While Twitter and Facebook owners justified the ban by talking about how Donald Trump’s repetitive tweets were inciting violence and causing the riots in Capitol, many agreed with and congratulated them on the decision. However, Trump has not only been the President of the United States of America but has a large following of 88 Million on Twitter. This ban sparked debates about social media apps being biased against the conservatives.
Moreover, on Monday Twitter stocks went tumbling down to about 12% causing nearly a $5 billion loss for the app in the stock market. This was due to the allegations raised by conservative media and the general public of the social media app’s decision and hence it has caused an expected future decrease in interest by users. Perhaps large masses might leave the app to express their disapproval and investors became wary of that.