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EXPLAINER: Can social media companies boot Trump? Yes

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pte.la

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editor@pte.la

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Mon, Jan 11, 2021 12:02 AM

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EMAIL}/redirect SUNDAY, JANUARY 10, 2021 | KEVIN FREKING, ASSOCIATED PRESS WASHINGTON — Social

[Image]( EMAIL}/redirect SUNDAY, JANUARY 10, 2021 | KEVIN FREKING, ASSOCIATED PRESS WASHINGTON (AP) — Social media companies decided this past week they had finally seen enough from President Donald Trump. Facebook and Instagram suspended Trump at least until Inauguration Day. Twitch and Snapchat also disabled Trump’s accounts. To top it all off, Twitter ended a nearly 12-year run and shuttered his account, severing an instant line of communication to his 89 million followers. Conservatives are crying foul. “Free Speech Is Under Attack! Censorship is happening like NEVER before! Don’t let them silence us. Sign up at to stay connected!” his eldest son, Donald Trump Jr., tweeted Friday. CAN TWITTER AND FACEBOOK LEGALLY TAKE SUCH ACTION? The short answer is yes. EMAIL}/redirect EMAIL}/redirect As the Congressional Research Service has explained in a report for federal lawmakers and their staffs, lawsuits predicated on a website’s decision to remove content largely fail. That’s because the free speech protections set out in the First Amendment generally apply only to when a person is harmed by an action of the government. “The First Amendment doesn’t apply to private sector organizations. That’s not how this works,” said Chris Krebs, when asked Sunday whether censorship by social media companies violated freedom of speech protections. Krebs oversaw election cybersecurity efforts at the Department of Homeland Security until Trump fired him when he disputed election fraud claims. Speaking on CBS’s “Face the Nation” Sunday, he explained that companies enforce their own standards and policies for users. That’s what happened at Twitter on Friday. WHAT RATIONALE DID TWITTER TAKE FOR ITS ACTIONS? The company said after reviewing Trump’s account in the context of the riot at the Capitol on Wednesday, it was concerned about two tweets he sent Friday that Twitter said could incite violence. They were: — “The 75,000,000 great American Patriots who voted for me, AMERICA FIRST, and MAKE AMERICA GREAT AGAIN, will have a GIANT VOICE long into the future. They will not be disrespected or treated unfairly in any way, shape or form!!!” — “To all of those who have asked, I will not be going to the Inauguration on January 20th.” EMAIL}/redirect EMAIL}/redirect The first tweet, the company said, was received by some supporters as further confirmation that the Nov. 3 election was not legitimate — but in fact, the notion of widespread voter fraud is a baseless claim. The use of the words “American Patriots” to describe some of his supporters was also interpreted as support for those committing violent acts at the Capitol. The company said the second tweet could serve as encouragement to those considering violent acts that the inauguration ceremonies on Jan. 20 would be a “safe” target since he would not be attending. “Our determination is that the two Tweets above are likely to inspire others to replicate the violent acts that took place on January 6, 2021, and that there are multiple indicators that they are being received and understood as encouragement to do so,” Twitter wrote. EMAIL}/redirect EMAIL}/redirect © 2020 PTE.la PTE, LLC (publisher of PTE.la) is NOT registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. 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The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for PTE, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are simulated figures from virtual simulated portfolios. We are engaged in the business of advertising and promoting companies for monetary compensation. All content in our releases is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. PTE.la’s sponsored advertisements do not purport to provide an analysis of any company’s financial position, operations or prospects and this is not to be construed as are commendation by PTE.la or an offer or solicitation to buy or sell any security. Neither the owner of PTE.la nor any of its members, officers, directors, contractors or employees is licensed broker-dealers, account representatives, market makers, investment bankers, investment advisors, analyst or underwriters. Investing in securities, including the securities of those companies profiled or discussed on this website is for individuals tolerant of high risks. Viewers should always consult with alicensed securities professional before purchasing or selling any securities of companies profiled or discussed in our releases. It is possible that a viewer’s entire investment may be lost or impaired due to the speculative nature of the companies profiled. Remember, never invest in any security of a company profiled or discussed in a release or on our website unless you can afford to lose your entire investment. Also, investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. To review our complete disclaimer and additional information, please visit . PTE.la makes no recommendation that the securities of the companies profiled or discussed in our releases or on our website should be purchased, sold or held by investors. PTE.la is owned and operated by PTE LLC. PTE LLC has not been compensated for this specific email, we do have advertisements in this email that we get paid if you click one of the ads (we have not investigated any of the advertisements). Any compensation received by PTE LLC constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. A third party of PTE LLC may have shares and may liquidate, which may negatively affect the stock price. PTE LLC affiliates may at any time have a position in the securities mentioned herein and may increase or decrease such positions without notice which will negatively affect the market. Some of the content in this release contains forward - looking information within the meaning of Section 27 A of the Securities Act of 1 9 9 3 and Section 21 E of the Securities Exchange Act of 1 9 3 4 including statements regarding expected continual growth of the profiled company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect a company's actual results of operation. A company's actual performance could greatly differ from those described in any forward - looking statements or announcements mentioned in this release. Factors that should be considered that could cause actual results to differ include: the size and growth of the market for the company's products; the company's ability to fund its capital requirements in the near term and in the long term; pricing pressures; unforeseen and/or unexpected circumstances in happenings; etc. and the risk factors and other factors set forth in the company’s filings with the Securities and Exchange Commission. However, acompany’s past performance does not guarantee future results. Generally, the information regarding a company profiled is provided from public sources which we believe to be reliable but is not guaranteed by us as being accurate. Further specific financial information, filings and disclosures as well as general investor information about the profiled company, advice to investors and other investor resources are available at the Securities and Exchange Commission (“SEC”) website www.sec.gov and the Financial Industry Regulatory Authority (“FINRA”) website at www.finra.org. Any investment should be made only after consulting with a qualified investment advisor and reviewing the publicly available financial statement and other information about the company profiled and verifying that the investment is appropriate and suitable. PTE.la makes no representations, warranties or guarantees as to the accuracy or completeness of the information provided or discussed. Viewers should not rely solely on the information obtained in this release or on our website. PTE Team 9 Downing street Newark NJ 07105 USA [Unsubscribe]( [Change subscriber options](

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