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Tech trifecta blocks the far-right-friendly Parler

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Miguel A. Rodriguez
Miguel A. Rodriguez
11 January 2021
More social platforms take action against Donald Trump

After Facebook and Twitter suspended Trump's accounts for 24 hours and indefinitely, respectively, the House Speaker Nancy Pelosi urged the current vice president Mike Pence to invoke the 25th Amendment, which declares Donald Trump "incapable of executing the duties of his office." If not, the House will proceed with presenting the resolution for his impeachment.

After all Trump's social media accounts have been blocked, Parler, the American alt-tech blogging and social network service, has been the leading candidate in offering the president the means to express online.

Parler is a far-right-friendly platform with more than 12 million users already used by Trump's sons Eric and Don Jr. But things took a swing Friday. Google removed the Parler app from its store as it contained posts that "incite ongoing violence in the U.S." 

According to Apple, Parler was used to "plan and facilitate yet further illegal and dangerous activities." Parler was given 24 hours to address the situation, but it was removed from the Apple store after it was unable to do so. The app will be available once it resolves its public safety issues.

While Google and Apple removed Parler from their stores, Amazon was more drastic. During the weekend, #AMZN informed the company that it booted off its web hosting service after in the past weeks it found almost 100 examples of messages that "that clearly encourage and incite violence" being a "risk to public safety."

Parler was quick to answer, with CEO John Matze stating that the tech giants are trying to kill the competition. From his perspective, Parler will be unavailable for up to a week because the company is trying to get back on its feet as fast as possible.

Following the news, Google stock price gained 1.12%, while Apple traded 0.86% higher. #AMZN added 0.65%.

Read here about Nancy Pelosi's approach!

Sources: marketwatch.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.