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Stock impact report

Facebook, Twitter Dodge Texas Law Over Account Bans, For Now [Business News Network (BNN) (Canada)]

Twitter, Inc. (TWTR) 
Last twitter, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.twitterinc.com
over political posts, handing a crucial early victory to trade groups representing Twitter Inc. and Meta Platforms Inc.'s Facebook. U.S. District Judge Robert Pitman in Austin on Wednesday granted a request for a preliminary injunction, prohibiting enforcement of the law that was set to take effect Dec. 2. The ruling blocks the law while the litigation challenging it proceeds. The trade groups claim the law would force Twitter, Facebook and Alphabet Inc.'s Google to host extremist content in violation of their user policies, while Texas Governor Greg Abbott and other Republicans argue the ban is needed to protect conservative viewpoints from being silenced. The judge said an injunction is warranted because the trade groups are likely to succeed on their claim that social media platforms have a First Amendment right to moderate content on their platforms. Pitman rejected the state's argument that social media platforms don't get such protections because they're not newspapers and Show less Read more
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