Twitter cut into Donald Trump’s megaphone by permanently suspending the president’s account Friday to avoid the “risk of further incitement of violence” after pro-Trump supporters stormed the U.S. Capitol on Wednesday.
That tallies with one analyst estimated from 2017, which said that Trump generated an estimated $2 billion for the site by bringing in users, keeping them on the site to read what he had to say — and scrolling across ads in the process. And that was even before last week’s events, he said. On Sunday, PGA of America cut its ties with the Trump Organization, saying it wouldn’t have its 2022 PGA Championship at Trump’s Bedminster, N.J. golf course.
Facebook on Thursday banned Trump at least until the end of his term. Facebook FB, -4.03% shares are down roughly 3.5% in trading Monday.
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