Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Alphabet Inc.    GOOGL

ALPHABET INC.

(GOOGL)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Twitter briefly restricts Trump campaign account, Republicans decry company's actions

10/15/2020 | 12:47pm EST

Oct 15 (Reuters) - U.S. President Donald Trump's re-election campaign's Twitter account was briefly restricted on Thursday, causing an outcry from Republican lawmakers who accused social media companies of acting like "speech police" and vowing to hold Twitter responsible.

Twitter temporarily blocked the @TeamTrump account from sending tweets after it posted a video about Democratic presidential candidate Joe Biden's son that it said violated its rules.

The video referred to a New York Post story from Wednesday that contained alleged details of Hunter Biden's business dealings with a Ukrainian energy company and said the former vice president had met with an adviser of the company.

Biden campaign spokesman Andrew Bates said in a statement that Republican-led Senate committees have previously concluded that Joe Biden engaged in no wrongdoing related to Ukraine. He also denied such a meeting had taken place.

A Twitter spokesman said earlier on Thursday that the @TeamTrump account, and the accounts of White House Press Secretary Kayleigh McEnany and the New York Post, had been blocked from tweeting because of the company's policies on hacked materials and posting private information. He said the accounts may need to delete the rule-breaking posts to continue tweeting.

Twitter policy chief Vijaya Gadde said late on Thursday the company has decided to make changes to its hacked materials policy following feedback on its enforcement earlier.

"We will no longer remove hacked content unless it is directly shared by hackers or those acting in concert with them," Gadde said in a tweet https://twitter.com/vijaya/status/1316923557268652033. "We will label Tweets to provide context instead of blocking links from being shared on Twitter."

Twitter also said that despite the new policy the New York Post story would still be blocked. A company spokesman said the stories would still be blocked for "violating the rules on private personal information."

The Trump campaign, with 2.2 million followers, was sending tweets again on Thursday afternoon. It said in a new tweet it was "re-posting the video Twitter doesn't want you to watch." A Twitter spokesman told Reuters that the site would not take action as alterations to the video meant it no longer violated its policies.

"It's going to all end up in a big lawsuit and there are things that can happen that are very severe that I'd rather not see happen, but it's probably going to have to," Trump said when asked about the move by Twitter.

McEnany likewise began tweeting again on Thursday, saying she regained access after deleting her post on the report.

Both Facebook Inc and Twitter took proactive steps on Wednesday to restrict dissemination of the Post story in the hours after it was published.

Facebook reduced how often the story shows up in users' news feeds and elsewhere on the platform, an action spokesman Andy Stone said the company takes temporarily pending fact checker review "if we have signals that a piece of content is false."

Facebook did not respond to Reuters questions on whether its fact-checking partners were working on rating the Post's story.

Twitter prohibited its users from posting links to two New York Post articles about Hunter Biden, saying they violated its policies against posting private information and "hacked materials."

But Twitter's Chief Executive Jack Dorsey tweeted on Wednesday "our communication around our actions on the @nypost article was not great. And blocking URL sharing via tweet or DM with zero context as to why we're blocking: unacceptable."

A Twitter spokesman declined to answer Reuters questions on whether Dorsey had been involved in the decisions on these restrictions on Wednesday or Thursday.

Republicans on the House of Representatives Judiciary Committee responded to Twitter's actions by tweeting a link to a copy of the New York Post's story on its website. Twitter blocked the link but later said this had been in error and reversed the action.

The @nypost has not tweeted in over a day, suggesting that they are still blocked from posting.

A spokeswoman for the New York Post declined to comment, other than referring Reuters to the Post's own coverage.

SENDING SUBPOENAS

Republican lawmakers slammed the social media companies' actions on Thursday. U.S. Senate majority leader Mitch McConnell said the blocking of the story was "reprehensible" and that there should be no "speech police" in the United States.

After Twitter imposed the restrictions, the U.S. Senate Judiciary Committee moved to subpoena Dorsey.

Committee Chairman Lindsey Graham and Republican senators Ted Cruz and Josh Hawley said the committee will vote on sending the subpoena on Tuesday, Oct. 20 and plans to have Dorsey in front of the committee by Oct. 23.

Hawley also called for sending a subpoena to Facebook.

"We're going to finally have an accounting that is long overdue," Graham said. "This to me crystallizes the problem better than anything I could think of."

Senator Marco Rubio urged Federal Communications Commission Chairman Ajit Pai to re-examine Section 230 of the Communications Decency Act.

The CEOs of Twitter, Facebook and Alphabet Inc's Google are set to appear before the Senate Commerce Committee later this month at a hearing to discuss Section 230 - a legal immunity which offers tech companies protection from liability over content posted by users and enables them to act in "good faith" to remove objectionable content.

Pai said on Thursday the agency will move forward to set new rules to clarify the meaning of the provision.

The calls to reform Section 230 and penalize tech companies have been intensifying but it is unlikely there will be action on the law by Congress this year.

(Reporting by Elizabeth Culliford in London and Nandita Bose in Washington; Additional reporting by Munsif Vengattil and Ann Maria Shibu in Bengaluru, David Shepardson and Susan Cornwell in Washington and Katie Paul in San Francisco; Editing by Grant McCool and Stephen Coates)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 1.30% 1787.02 Delayed Quote.33.42%
FACEBOOK INC 0.81% 277.81 Delayed Quote.35.35%
SQUARE, INC. -0.19% 212.52 Delayed Quote.239.71%
All news about ALPHABET INC.
11/28FACTBOX-THE BIDEN CABINET : President-elect begins to build a team
RE
11/27EXCLUSIVE : Russia's Sberbank targets half of revenue from non-banking by 2030 -..
RE
11/27EXCLUSIVE : Russia's Sberbank targets half of revenue from non-banking by 2030 -..
RE
11/27India's GDP Shrinks as Covid-19 Keeps Stranglehold on Economy -- 2nd Update
DJ
11/27India's GDP Shows Covid-19 Has Stranglehold on One of World's Largest Economi..
DJ
11/27Renewable Energy Industry Readies Wish Lists for Joe Biden
DJ
11/26Britain says it will impose new competition rules to prevent google and faceb..
RE
11/26Amazon Web Services Hit by Outage -- Update
DJ
11/25Amazon Web Services Hit by Outage -- Update
DJ
11/25ALPHABET : 11.25.2020 Alphabet to Present at the UBS Global TMT Virtual Conferen..
PU
More news
Financials (USD)
Sales 2020 179 B - -
Net income 2020 35 705 M - -
Net cash 2020 118 B - -
P/E ratio 2020 35,0x
Yield 2020 -
Capitalization 1 211 B 1 211 B -
EV / Sales 2020 6,12x
EV / Sales 2021 5,00x
Nbr of Employees 132 121
Free-Float 90,3%
Chart ALPHABET INC.
Duration : Period :
Alphabet Inc. Technical Analysis Chart | GOOGL | US02079K3059 | MarketScreener
Technical analysis trends ALPHABET INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 47
Average target price 1 884,54 $
Last Close Price 1 787,02 $
Spread / Highest target 25,9%
Spread / Average Target 5,46%
Spread / Lowest Target -30,8%
EPS Revisions
Managers
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth M. Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET INC.33.42%1 210 823
ALIBABA GROUP HOLDING LIMITED30.35%748 054
TENCENT HOLDINGS LIMITED56.02%715 632
MASTERCARD INCORPORATED14.31%338 027
PROSUS N.V.36.78%181 504
THE TRADE DESK, INC.236.09%41 005