Twitter announces it will no longer allow political advertising on its platform next month, igniting stark criticism from the right.
Twitter CEO Jack Dorsey made the announcement Wednesday saying, “A political message earns reach when people decide to follow an account or retweet. Paying for reach removes that decision, forcing highly optimized and targeted political messages on people. We believe this decision should not be compromised by money.”
Dorsey continued by saying, “This isn’t about free expression. This is about paying for reach. And paying to increase the reach of political speech has significant ramifications that today’s democratic infrastructure may not be prepared to handle.”
Despite Dorsey’s claims, the Trump campaign blasted the move claiming this is just another attempt to silence conservatives on the social media platform.
Following the announcement, Twitter’s stocked dropped over 1% in response to the move.
President Trump’s campaign manager Brad Parscale released a statement on the matter saying, “Twitter just walked away from hundreds of millions of dollars of potential revenue, a very dumb decision for their stockholders.
Pascale continued by saying, “Will Twitter also be stopping ads from biased liberal media outlets who will now run unchecked as they buy obvious political content meant to attack Republicans?”
Meanwhile, Facebook CEO Mark Zuckerberg has clarified although he has contemplated making the same decision in the past, Facebook will continue to allow political advertising.
According to Zuckerberg, “Political ads are an important part of voice — especially for local candidates, up-and-coming challengers, and advocacy groups that may not get much media attention otherwise. Banning political ads favors incumbents and whoever the media covers.”
The ban on twitter is expected to take effect on November 22.