Facebook and Twitter stocks tank as users and advertisers abandon the platforms.

Some similar and inconvenient stock numbers to report.

FYI I recently moved to Parler given how I’ve apparently been “shadowbanned” by Twitter, and you can find me there @wattsupwiththat

Facebook and Twitter stocks dive as Unilever halts advertising (CNN)

The backlash?
Facebook Tightens Controls on Speech as Ad Boycott Grows (WSJ)

Translation: Conservatives will be targeted. Don’t be surprised if Twitter suspends Trump’s account just before the election.

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Roger Knights
June 29, 2020 3:25 pm

Parler is so new that its servers probably couldn’t handle millions of lurkers at this point. It may allow lurking later, if it gets funding to expand.

Jeff Alberts
June 29, 2020 4:33 pm

Does this really qualify as “tanking”?

Kevin A
June 29, 2020 6:05 pm

I heard about Parler three days ago, spent a few minutes setting up an account (with the information provided they can eliminate a lot of trolls) and I’ll spend more time getting things to work: https://parler.com/profile/AirheadBit/posts – Not a fan of spending time tweeting or Parler – keyboard time is limited.

Roger Knights
June 29, 2020 6:27 pm

“Coca-Cola to pause all social media advertising”
Jun. 26, 2020 9:26 PM ET
About: The Coca-Cola Company (KO)|By: Stephen Alpher, SA News Editor
https://seekingalpha.com/news/3586708-coca-cola-to-pause-all-social-media-advertising

The pause that represses

Sir Darren Porter
June 29, 2020 6:39 pm

I was a leader of the Gamergate movement and was quickly banned by Twitter for Wrongthink

June 29, 2020 7:29 pm

I signed up on parler a couple days ago. I did so I believe anonymously.

There are a few from this site that already have a number of followers. I have not yet.

I started an important story thread on the EVMS protocol.

Any one who reads this and is on parler, please search on hashtag #covidcare and echo.

Would apprieiate

Jeff Alberts
Reply to  Devils Tower
June 30, 2020 7:52 am

The one thing Parler has going for it, it doesn’t have anything called “tweets”.

John Endicott
Reply to  Jeff Alberts
July 1, 2020 4:53 am

As a friend once said to me: Twitter’s tweeting is for twats.

Dazz
June 29, 2020 8:05 pm

The Inmates have been running the Asylum for some time now

TRM
June 29, 2020 8:32 pm

“FYI I recently moved to Parler ”

Awesome news Mr Watts. Here is hoping more do likewise. I’ve subscribed to your channel there.

Michael S. Kelly
June 29, 2020 8:46 pm

Everyone is welcome to sign on to my new social media site, PL8. There you can say anything you want in 7 alphanumeric characters (including blank, and, reluctantly, a heart shape), the same as you can with an automobile license plate. Without, I hasten to add, the censorship one faces from the departments of motor vehicles of the several states!

At PL8, we have a strong code of ethics, ensuring that the people will have their voices mostly heard. Our number one ethical tenet is: “Don’t be overly, highly, obviously, like hide-the-remote evil.” A plurality of our 48,532 staff has signed on to our code…tentatively. But, hey, it’s better than nothing, right?

Rod Evans
June 29, 2020 10:56 pm

It may well be worth reminding the high value individuals that are promoting left wing anarchy of a historic fact.
They never survive the revolution.
Social media which via its coordination of herd instinct, is developing/promoting the madness of crowds phenomenon. It is in danger of pushing the mundane issues of life, into “cause celebres” with the masses involved on a hair trigger setting, just waiting for the touch.
In every revolution, which by definition, is the majority of the population overturning the authority of the established minority, through the efforts of a new minority of activists. In such circumstances, the high value individuals and wealth creators generally are always eliminated. This is typically achieved by mob justice initially, followed by totalitarian controls needed by the new “leaders” to restore order in the new society. The prospects are bad, for the current high profile well known individuals, i.e. those promoting the Antifa, XR and other agitation groups. In this latest left wing push for anarchy, whipped up by the left via social media, the “leaders” of the movement will rue the day they advocated disbanding the police.
Hey ho, we tried to tell them.

BillP
June 30, 2020 3:40 am

Given that almost all the hate speech on Twitter and Facebook is from the identitarian “left” perhaps that is what Unilever does not want to be associated with.

Olavi Vulkko
June 30, 2020 9:39 am

Users leave because sensorship, advertising money leaves because companies predicting economically difficult times. At the same time theyll try make it noble move.

JD Ohio
June 30, 2020 11:26 am

Anthony, You undoubtedly will have more influence than me. I would love to read Parler and for it to succeed. However, it has to change its policy that to read it you have to sign up. I have legitimate reasons not to give them my phone number. I hope they don’t blow this wonderful opportunity to spear Twitter by grossly limiting their audience. From where I sit (and maybe there is some justification for this policy), I can’t believe how stupid they are with this policy. It would explode if they would just allow people to read it. There are ZERO reasons for any conservative to read or use Twitter since it is such an authoritarian, biased and malevolent company.

eddie willers
June 30, 2020 1:34 pm

I was never much for trust busting, but it’s time.

Jon Jewett
June 30, 2020 10:58 pm

The Martin-Zimmerman case had nothing to do with stand your ground. Martin had jumped Zimmerman. Knocked him down on his back, then straddled him and was assaulting him. At that point, the Hispanic kid defended himself.

The NYT made up a new racial category: white hispanic. Yes, really!

PaulinaUS
July 2, 2020 11:58 am

I suppose I will have to dirty up my browser by looking up a list of these boycotting companies.

I would note that Levis is not an employer, so I see no basis for their authority to make judgments on what Americans say on speech forums.

“More than 99% of their jeans are made in countries like China, Japan, Italy, and others. Levi’s does have a single collection of “Made in the USA” 501 jeans, sourced from a small denim mill called White Oak in Greensboro, NC. If you want to get those Made in the USA Levi’s, it will definitely cost you. Nov 19, 2017”

PaulinaUS
Reply to  PaulinaUS
July 2, 2020 12:05 pm

It’s quite simple. There will be a new anti-slavery movement that refuses to buy from overseas manufacturing plants — especially those who were once great American companies.

The new anti-slavery movement will also refuse to buy from companies over-using the many different work visas to engage in human traffick ing and population replacement policies.

See the President’s visa sanctions.