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Facebook and Twitter vs. Russian Interference

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
Russia attempted to interfere once again in the US presidential elections

Facebook and Twitter, two of the most prominent global social media platforms, are at the center of attention.  Just yesterday, the two of them purged accounts and pages linked to a suspicious media website.  

According to information received from the companies, the website, called Peace Data, is conducting #misleading campaigns, which seem to be controlled by people associated with the Russian Internet Agency (IRA). IRA is the same one responsible for efforts to influence the 2016 US #presidential #elections. The misleading campaign is looking to push voters away from the Democratic candidate, Joseph Biden, praising the current US president, Donald Trump.

Multiple fake accounts related to the website are responsible for creating detailed personas, managing pages, and posting. The Kremlin-backed group, Peace Data, presents itself as an independent news channel based primarily in Romania. People behind it tried to obtain authorization to run ads in the US. 

Until now, Facebook managed to remove 13 accounts and two pages operated by Peace Data. At the same time, Twitter suspended five accounts. Both companies are working alongside FBI, and almost 200 people that have been messaged by the network are now in contact with the authorities.

Following the news, Facebook stock price gained 0.76%, while Twitter traded 1.4% higher. 

Read more about what Twitter went through by clicking here!

Sources: thestreet.com, bbc.com, nytimes.com


This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.