Fallout from Twitter’s decision to apply two fact checks and one warning to tweets by President Donald Trump has been as baffling as it is bombastic. Yet even if the president’s executive order is not enforceable it has shone a light on a contentious law that underpins the entire business model of social media platforms.

The executive order calls for a review of federal advertising; for regulators to police social media companies for bias; and a potential revocation of section 230, which stops online platforms being treated like publishers. Spooked investors sent shares in Twitter down 5% in the past week.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now