Deep Dive (Jan. 14): Twitter and Facebook Lose $51 Billion in Market Worth

January 14, 2021 Updated: January 15, 2021

Poland joins a growing list of world leaders condemning Big Tech’s growing censorship. Poland’s Prime Minister, Mateusz Morawiecki says “Freedom of speech is the salt of democracy, for that reason we must defend it,” adding “The owners of social platforms cannot act above the law.”

Big Tech saw a plunge in shares. Over $50 billion in combined market value has been wiped out for social media giants Facebook and Twitter. This started after the platforms banned President Trump’s account.

And Snapchat also announces an indefinite ban on Trump’s account.

Tune into Deep Dive to find out how it all ties together.

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From NTD

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