Deciding whether to return Donald Trump Facebook (FB) will be announced Wednesday, four months after the former president was kicked off the social network for calling on supporters to march to the US Capitol on January 6.
The decision to lift Trump’s Facebook ban was taken by the newly created Facebook Oversight Board. The social media giant designed the group as an independent committee that allows users to appeal Facebook’s decisions.
The board, funded by a $ 130 million trust created by Facebook, claims it is an independent and neutral third party that decides whether important Facebook decisions have been “made in line with its declared values.”
Facebook was the first major social network to suspend Trump indefinitely after the January 6 attack on the Capitol. The choice drew both widespread praise and criticism.
Trump’s ban on Facebook is praised and criticized
Twitter Shares (TWTR) fell 6.4% on the day Trump’s permanent ban was announced, followed by Facebook. However, Twitter has clearly stated that it will not allow Trump to return to his platform. Trump had 88.8 million Twitter followers, which he used loudly on a daily basis. In addition, he has 35 million Facebook followers.
However, Facebook must follow the decision of the board of directors.
YouTube has also suspended Trump’s account. Unit Alphabet (GOOGL) said it would lift its ban only after “the risk of violence has decreased.” Moreover, Click (SNAP) permanently blocked Trump on Snapchat on January 13.
The decision to lift Trump’s Facebook ban will provide him with the megaphone he has been missing for months.
The board currently has 20 members from all over the world. It includes experts in journalism, constitutional law, a Nobel Peace Prize laureate, as well as experts in disinformation, free speech, extremism and human rights.
Facebook shares fell 0.8% to close today at 322.58 in the stock market.
Follow Brian Digon on Twitter at @IBD_BDeagon for more information on technology stocks, analysis, and financial markets.
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