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Trump vs. Social Media Platforms, part II

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
President Trump posts more fake news

Two days ago, we spoke about how social media networks are handling the political ads they show. During these past couple of weeks, President Trump is at war with social media networks and even imposed limitations on them.

Now, the president and the networks are rekindling an old flame. Only two days ago, a new scandal ignited between Donald Trump and Facebook and Twitter

On Wednesday, on Facebook, an ad began running that involved the President and Vice President Mike Pence, which included an upside-down red triangle. Historically speaking, the red triangle was used by Nazis to dint communists, political prisoners, and such in concentration camps. The campaign communications director Tim Murtaugh stated that the Antifa also uses the symbol; therefore, it was part of an ad about Antifa. According to him, the symbol is not part of the Anti-Defamation League’s symbols of hate database. Earlier this month, Trump accused Antifa of the violence that happened during the recent protests. There was no evidence that the group did such a thing.

Thursday brought another incident. Twitter, the first network to fact-check the president’s tweets, labeled a video tweet shared by said president as “manipulated media.” The 60 seconds video shows a black child running away from a white kid. The fabricated CNN graphics says, "Terrified toddler [sic] runs from racist baby." After that, the original video plays and shows the two kids hugging each other. Even CNN addressed the situation. It is the third time in just one month when Twitter takes action against Trump.

Companies like Twitter, Facebook, and Google are campaigning against the spread of disinformation regarding the US 2020 presidential elections, and coronavirus. 

Facebook’s stock price is said to open higher by 0.58%, while Twitter is to gain 0.79%. Google gained 0.55%.

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Sources: marketwatch.com, edition.cnn.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.