News > Tech under attack after Parler goes dark, Twitter shares drop

Tech under attack after Parler goes dark, Twitter shares drop

Indian Express | 11/01/2021 10:51 PM | Click to read full article

Tech firms tried to contain a mounting backlash against their social media sites, with shares of Twitter Inc. and Facebook Inc. falling in early trading and rival platform Parler forced offline by Amazon.com Inc.

Twitter fell 7.8% in pre-market trading in New York after it banned President Donald Trump permanently for risking incitement to violence, citing posts referring to riots in the U.S. capital last week, removing one of Twitter’s biggest accounts. Facebook’s shares were down 2%.