White House Seeks Emergency Order To Halt Communication Ban With Twitter, YouTube And Facebook
Portfolio Pulse from Benzinga Newsbot
The Biden administration is seeking an emergency order to halt a lower court ruling that prevents some government agencies from communicating with social media companies about content moderation. The lawsuit, brought by Republican attorneys general in Louisiana and Missouri, alleges that U.S. government officials coerced social media companies to censor posts over concerns they would fuel vaccine hesitancy or upend elections. The social media companies mentioned in the lawsuit include Meta Platforms Inc's Facebook, Twitter, and Alphabet Inc's YouTube.
July 07, 2023 | 2:41 am
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Alphabet Inc's YouTube is directly mentioned in the lawsuit that alleges U.S. government officials coerced social media companies to censor posts.
The lawsuit could potentially impact Alphabet's operations if the court rules in favor of the plaintiffs. However, the outcome is uncertain and the short-term impact on the stock is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Meta Platforms Inc's Facebook is directly mentioned in the lawsuit that alleges U.S. government officials coerced social media companies to censor posts.
The lawsuit could potentially impact Meta's operations if the court rules in favor of the plaintiffs. However, the outcome is uncertain and the short-term impact on the stock is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80