Originally published at: TWITTER TANKS: Shares Plunge 19% After the Platform is Accused of ‘SHADOW BANNING’ Conservatives | Sean Hannity
Twitter joined fellow social network platform Facebook in capping off a disastrous week, with the company’s stock value plunging a stunning 19% after reports of a declining user base.
According to CNBC, the technology shares plummeted Friday following an internal financial report that showed users declining from 335 million to 338 million in the second quarter of 2018.
“Twitter removed about 70 million accounts in May and June, but Twitter chief financial officer Ned Segal said most of those were not included in its reported metrics because they were not active on the platform for 30 days or more,” writes CNBC.
The social network came under fire in recent days after accusations the platform was “shadow-banning” conservative voices; meaning they were blocking users from receiving content without the author’s knowledge.
The President weighed-in on the underhanded tactic this week, saying “Twitter ‘SHADOW BANNING’ prominent Republicans. Not good. We will look into this discriminatory and illegal practice at once! Many complaints."
https://twitter.com/realDonaldTrump/status/1022447980408983552
