yes facebook's board has made
its decision they will uphold their ban
on former president trump hillary
vaughan on capitol hill
the hillary they're going to revisit
this in a few months
does that mean that from here on out
he's on probation
that's our understanding of this ruling
but
facebook does have seven days to respond
to this
oversight board one interesting factor
of this is they did decide that facebook
was correct in originally suspending the
president from their platform but what
they didn't like
that facebook did was essentially make
that ban
indefinite for a undefined period of
time and so
the oversight board is saying facebook
needs to take accountability here and
communicate
to their users how long the time frame
is
why they reach that time frame so within
six months
from the january 7th ban so that really
would be
july 7th if i'm reading that right
they have to communicate and revisit
whether or not
the president should be allowed back on
the platform but
ultimately stewart they did uphold the
decision that it was right
from their belief and their
understanding the boards of facebook to
suspend the president but there is a
potential that it is not
a permanent ban and they could revisit
it in july and say
he has a right to access
facebook's platform to use facebook's
platform and
the reason why this is critical from a
business standpoint stewart is because
a lot of ad revenue is hinging on this
for facebook so they're walking a very
tricky line
to make sure that they whatever decision
they decide essentially
this summer allowing the president back
or not
users on that platform are going to have
a strong opinion either way about that
and then advertisers are going to be
pressured either way
to do business with facebook or not
stuart
i know that this news broke just
literally minutes ago
and i know that you're right in the
middle of politics there on capitol hill
have you had talk to any politician for
their reaction to this news
no stuart so we're in uh recess right
now congress is out so a lot of
lawmakers are not here but
i will be speaking with congressman jim
jordan in about
a few minutes from now this hour to get
his reaction to this he has been one of
the biggest critics
of facebook's overreach on what he calls
censorship so we're going to get his
reaction to that and i'll bring that to
you as soon as we have it
hillary thank you very much indeed susan
come into this please
and i'll start with an opinion sure i
find it incredible
that the two leading social networks
twitter and facebook have now
banned a former president of the united
states of america i find that
so it's really bad snap is
probably bigger than twitter when it
comes to daily active users they have
290 million
not just snap we're talking about
shopify twitch
youtube has still suspended indefinitely
they saved president trump but i just
want to note that
there are different practices here at
play no other company except facebook
has an independent oversight board that
made this ruling
it's pretty much like the supreme court
of facebook and
facebook arguably is also the most
influential since they have around three
billion
that visit their properties and even the
main facebook page each and every day
also they have a lot of control over the
advertising the digital
advertising market with 25 market share
at last count so i would say facebook
probably has more
influence here but they're doing things
a little bit more independently than say
a twitter
or snap which only individually and
internally decided to suspend president
trump uh
indefinitely themselves but i think this
comes down to money don't you think stu
because if other companies decide to
reinstate president trump
i think that's when you might see some
more wiggle room there
well uh facebook stock has gone up on
this news up about point six percent
doesn't sound like much but
facebook's at 320 per share susan we'll
be following this
let's see how the market opens later
okay