Wednesday, January 6, 2016

Saudi Prince Owns 5.17% of Twitter-Twitter Changes Policies

We reported last month on the brief Twitter feud between Donald Trump and Saudi Prince Alwaleed Bin Talal. The two have one thing in common — both are billionaire investors. Alwaleed’s latest investment has been to increase his stake in Twitter to 5.17 percent of the company, making him the second largest shareholder.
Image result for twitter
This obviously gives Alwaleed a great deal of voting power to influence the company.
And it’s already showing.

Here are Twitter’s newest policies, as reported by Breitbart:
Saudi billionaire Alwaleed bin Talal, is seeing his substantial stake in Twitter stock translate into another breakthrough for Islamic supremacy: 

The suppression of Tweets that, according to the company’s new rule, involve “hate speech or advocacy against an individual, organization or protected group based on race, ethnicity, national origin, color, religion, disability, age, sex, sexual orientation, gender identity, veteran status or other protected status.”
Sounds fair – but liberals tend to set an extremely low bar for what qualifies as hate speech nowadays. And keep in mind that Twitter has already been accused of censoring conservatives in the past.
To be sure Twitter is a private sector enterprise. It is, therefore, free to deny its services to those whose content it finds objectionable. At least, as long as it doesn’t try to deny service to approved “haters” like the Southern Poverty Law Center (SPLC). This organization has deviated wildly from its early history as an effective advocate for civil liberties. Today, its invective-laced advocacy against individuals or organization who are supposed to enjoy “protected status” under our Constitution, namely that of citizens free to express themselves, can only be described as hate speech. Yet, the SPLC is embraced and even cited by the Obama administration and others among the leftists and Islamists who make up the “Red-Green axis” now feverishly working to silence any who they, as Hillary Clinton put it, “abhor.
If Twitter wants to stamp out hate speech that’s fine. They can start with the 90,000 Twitter accounts that ISIS controls.

[Note: this post was authored by The Analytical Economist]

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