Let’s talk web3, crypto, Metaverse, NFTs, CeDeFi, meme coins, and Stocks, and focus on multi-chain as the future of blockchain technology. Let us all WIN!
The move to suspend Trump’s YouTube channel ostensibly came after civil rights groups threatened to organize an ad boycott against the firm.
Following last week’s capitol hill violence, Google‘s subsidiary YouTube has suspended the channel of President Donald Trump for a week. Notably, the company noted that the suspension will be up for review after seven days.
“After careful review, and in light of concerns about the ongoing potential for violence, we removed new content uploaded to the Donald J. Trump channel and issued a strike for violating our policies for inciting violence,” a YouTube spokesperson said in a statement. “As a result, in accordance with our long-standing strikes system, the channel is now prevented from uploading new videos or live streams for a minimum of seven days – which may be extended.”
The online video sharing platform further noted that it has disabled the comment section on Trump’s channel. The move to suspend Trump’s YouTube channel ostensibly came after civil rights groups threatened to organize an ad boycott against the firm.
Trump Suspended from YouTube and Other Platforms
Mr. Trump has now been either suspended or banned from major social media platforms until at least the Biden administration takes office on January 20. Facebook, Twitter, and Instagram have all followed the same path as YouTube on Donald Trump. Other social media platforms that have taken similar measures include Amazon‘s Twitch, Snapchat, Shopify, Pinterest, TikTok, and Reddit.
Mr. Trump is now a president under siege in his own country with only a week in office left. Interestingly, there is a possibility of his impeachment based on his unstable actions. Previously, Vice President Mike Pence, who was involved in the certification of Biden’s election, was under pressure to remove the president through the 25th Amendment. However, Pence’s office released a letter to House Speaker Nancy Pelosi discarding the notion.
“With just eight days left in the President’s term, you and the Democratic caucus are demanding that the Cabinet and I invoke the 25th Amendment. I do not believe that such a course of action is in the best interest of our nation or consistent with our Constitution,” Pence wrote.
Shares of YouTube parent company Alphabet Inc (NASDAQ: GOOGL) closed Tuesday’s trading session at $1,737.43, down 1.07%. Meanwhile, GOOGL stocks were down approximately 0.01% during Wednesday’s premarket. YouTube is a major source of revenue for the parent company, Alphabet. Notably, YouTube brought in $5 billion in advertising revenue for Alphabet during 2020’s third quarter. With coronavirus having negatively impacted the global advertising industry, YouTube could not leave anything to chance with the Trump issue. GOOGL stocks are up approximately 10.87% in the past three months but have dropped approximately 1.34% and 0.25% in the past one month and five days respectively.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.