Wed 27 May 2020:
(Reuters) – U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc (TWTR.N) for the first time added a warning to some of his tweets prompting readers to fact check the president’s claims.
Trump, without offering any evidence, reiterated his accusations of political bias by such technology platforms, tweeting: “Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen.”
He added: “Clean up your act, NOW!!!!”
Representatives for Twitter and Facebook could not be immediately reached for comment on Trump’s tweets. Shares of the companies were down in pre-market trading following his posts.
The dramatic shift by the tech company, which has tightened its policies in recent years amid criticism that its hands-off approach has allowed misinformation to thrive, had prompted Trump to accuse it of interfering in the upcoming U.S. presidential election.
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