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Facebook & Instagram Monopoly - It's Time to Tie Down

Donald Trump Jr. asks Elon Musk to create a new platform alternative to current social networks

Following social networks - Twitter and Facebook - that banned Donald Trump from using his account after the violence in the Capitol last week, Trump's son, Donald Trump Jr., is asking Elon Musk to create a new platform.

In a video posted on Instagram, Trump's son asks Musk to “help preserve free speech,” stating that “if Elon Musk can privately send people into space, I'm sure he can create an unbiased social network. I think a lot of Americans would love it and support it wholeheartedly. "

Twitter, which permanently closed Trump's 89 million followers last week, had its stock price plummeted 12% on Monday, resulting in a loss of $ 5 billion in its market capitalization.

The social network explains its decision by fears that President Trump will use them to further fuel violence. “After carefully reviewing recent tweets from @realDonaldTrump and the context around them, we have permanently blocked the account due to the risk of further incitement to violence,” the Twitter post said.

Facebook also announced it was banning the account on Thursday, and its shares fell 4.5% on Monday, which is $ 33.6 billion deducted from the company's market capitalization.

Facebook CEO Mark Zuckerberg said the company believes that “the risks to President Trump's continued use of our service during this period are simply too great, so we are extending the block we placed on his Facebook and Instagram accounts indefinitely. and at least for the next two weeks. "


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