Propagandistic accounts were taken down by social media networks.
Just a few weeks ago, we tackled the narrative regarding the protests in Hong Kong as its autonomy could have been undermined by a bill which passed in the meantime. On top of that, the situation created by some tweets posted by President Trump which set in motion some restrictive measures regarding the social media platforms.
But things took an unexpected turn, and yesterday, Twitter removed more than 170,000 accounts, which spread favorable, but fabricated messages about the Chinese government regarding Coronavirus and Hong Kong.
According to an analysis conducted by Twitter alongside researches, the accounts worked like an echo chamber, with approximately 150 000 designed to amplify what the rest was posting. The accounts were antagonizing the US and the Hong Kong activists but praised China handling the virus.
Still, this is not the first time when China faces such actions from networks. Last year, Twitter, Facebook, and Google’s Youtube dismantled a state-backed operation that spread misleading information about the situation in Hong Kong.
Moreover, Twitter shut down more than 1,000 accounts besides the Chinese ones that promoted the Russian ruling party. Also, more than 7, 300 accounts that lobbied the Turkish President Erdogan’s party, AK, were shut down. More than 37 million tweets have been sent from those fake accounts.
In after-hours trading, Twitter stock dropped by 6%, and during today's pre-market session recovered more than 2%.
Facebook lost more than 5% in after-hours, and in pre-market, it gained more than 1.50%.
Google is to open higher by 1.72%.
Sources: edition.cnn.com, reuters.com, cnbc.com
Utilizatorii/cititorii nu ar trebui să se bazeze exclusiv pe informațiile prezentate aici și ar trebui să facă propriile lor cercetări/analize, prin citirea cercetărilor de bază. Conținutul acestui document este generic și nu ia în considerare circumstanțele personale ale fiecărui individ, experiența de investiții sau situația financiară actuală.
Prin urmare, Key Way Investments Ltd nu va accepta nicio responsabilitate pentru eventualele pierderi ale traderilor datorate utilizării conținutului sau a conținutului informațiilor prezentate în acest document. Performanțele trecute și previziunile nu sunt indicatori fiabili ai rezultatelor viitoare.