The Miami Entrepreneur

Biden ‘concerned’ about social media’s power, regardless of who owns Twitter, White House says

Read Time:39 Second

White House press secretary Jen Psaki on Monday said President Joe Biden has concerns about social-media companies’ power after Twitter’s board agreed to a sale to billionaire Elon Musk. “No matter who owns or runs Twitter, the president has long been concerned about the power of large social-media platforms — with the power they have over our everyday lives,” Psaki told reporters during a briefing. “He has long argued that tech platforms must be held accountable for the harms they cause.” She said she wouldn’t comment on “what hypothetical policies might happen,” such as Musk possibly reinstating former President Donald Trump’s Twitter account.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Nasdaq jumps 1.3% as major indexes close higher after erasing steep losses
Next post Tesla shares dip after CEO Elon Musk reaches deal to acquire Twitter