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As Shopify continues to boom, Amazon acquires Selz, a startup that helps e-commerce businesses

Twitter Shares Lead Social Media Stocks Lower As Trump Accounts Suspended: Parler Blocked By Amazon

Twitter Shares Lead Social Media Stocks Lower As Trump Accounts Suspended: Parler Blocked By Amazon TheStreet 1/11/2021 Martin Baccardax © TheStreet Twitter Shares Lead Social Media Stocks Lower As Trump Accounts Suspended: Parler Blocked By Amazon Twitter Inc. shares lead social media and tech companies lower Monday after the micro-blogging website moved to permanently suspend the personal and political accounts of President Donald Trump. Twitter announced its decision late Friday, citing concerns the President s accounts could be used to incite more violence following his alleged rousing of a mob that stormed the Capitol last week and lead to the deaths of at least five people, including a police officer.

Some CEOs Fire Rioters, Call for President Trump s Removal From Office

Jan. 7, 2021 8:46 pm ET In the wake of the riot at the Capitol, companies moved to cut ties with President Trump and his supporters and fired workers who participated. Facebook Inc. banned Mr. Trump indefinitely and Canada-based Shopify Inc. closed online stores associated with Mr. Trump’s campaign and businesses. Publisher Simon & Schuster said it would drop a coming book by Sen. Josh Hawley, a key backer of Mr. Trump’s election claims. Dozens more executives and trade groups denounced the takeover of the Capitol and called for the removal of the president. A number of companies said they fired employees who participated in the riot at the Capitol after seeing employees in photos and videos posted to social media.

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