Twitter bans political ads; Facebook's Zuckerberg defends them
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[October 31, 2019]
By Trevor Hunnicutt
NEW YORK (Reuters) - Twitter Inc <TWTR.N>
will ban political advertising on its platform next month, the company's
chief executive said on Wednesday, a move that won praise from Democrats
and scorn from Donald Trump's presidential campaign.
"We've made the decision to stop all political advertising on Twitter
globally," said Twitter CEO Jack Dorsey in a statement. "We believe
political message reach should be earned, not bought."
Analysts do not expect the ban, which takes effect on Nov. 22, to
significantly reduce Twitter's business. Its shares fell 1.9% in
after-hours trading.
Social media companies, including Twitter rival Facebook Inc <FB.O> face
growing pressure to stop carrying ads that spread false information that
could steer elections.
Facebook CEO Mark Zuckerberg opened his earnings conference call on
Wednesday by defending the company's policy to run ads from politicians
containing false or misleading claims, saying that Facebook did not want
to stifle political speech.
![](http://archives.lincolndailynews.com/2019/Oct/31/images/ads/current/Peasley_lda_PPP_2018.png)
The company confirmed to Reuters on Monday that some employees had
criticized its policy in an internal letter. Zuckerberg estimated ads
from politicians would account for under 0.5% of Facebook's revenue next
year.
"I expect that this is going to be a very tough year," he said, adding
that controversies over political content could lead to investigations.
Facebook reported its third straight rise in quarterly sales growth on
Wednesday, beating analysts' average estimate.
Facebook has pledged efforts to deal with misinformation after Russian
propaganda on the platform was seen to affect the outcome of the 2016
U.S. presidential election, which was won by Trump, a Republican.
But the social media giant made a decision to not fact-check ads run by
politicians, drawing ire from Democratic candidates running in the 2020
presidential election such as former Vice President Joe Biden and
Senator Elizabeth Warren.
"We appreciate that Twitter recognizes that they should not permit
disproven smears, like those from the Trump campaign, to appear in
advertisements on their platform," said Bill Russo, deputy
communications director for the Biden campaign, in an emailed statement.
"SIGNIFICANT RISKS"
Biden has faced attacks from Trump, offered without evidence, about the
foreign business dealings of his son Hunter.
![](http://archives.lincolndailynews.com/2016/Aug/26/images/ads/current/directory_buttons.png)
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A 3D-printed logo for Twitter is seen in this picture illustration
made in Zenica, Bosnia and Herzegovina on January 26, 2016.
REUTERS/Dado Ruvic/Illustration/File Photo
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"It would be unfortunate to suggest that the only option available
to social media companies to do so is the full withdrawal of
political advertising, but when faced with a choice between ad
dollars and the integrity of our democracy, it is encouraging that,
for once, revenue did not win out," said Russo.
Brad Parscale, who is running Trump's re-election campaign,
described Twitter's move as an "attempt to silence conservatives"
and "a very dumb decision" for the company's shareholders.
"Will Twitter also be stopping ads from biased liberal media outlets
who will now run unchecked as they buy obvious political content
meant to attack Republicans," Parscale said in a statement. "This is
yet another attempt to silence conservatives, since Twitter knows
President Trump has the most sophisticated online program ever
known."
A Twitter spokesman did not immediately respond to a request for
comment.
Dorsey wrote on Twitter that paying for ads forces "targeted
political messages on people" with a power that "brings significant
risks to politics, where it can be used to influence votes to affect
the lives of millions."
He added that it was not credible for Twitter to say it was trying
to stop the spread of misleading information "buuut if someone pays
us to target and force people to see their political
ad...well...they can say whatever they want!"
David Herrmann, president of Hermann Digital LLC, a Los
Angeles-based independent media buyer who works with
direct-to-consumer brands, said he disagreed with the notion of
banning political ads on any network, including Twitter.
![](http://archives.lincolndailynews.com/2019/Oct/31/images/ads/current/graue_19EQUINOX_102819.png)
"Banning political ads doesn't hurt presidential campaigns, it hurts
local politics that are dependent on reach from paid" ads, he
tweeted.
(Reporting by Trevor Hunnicutt; Additional reporting by Sheila Dang
and Amal S in Bengaluru; Editing by Maju Samuel, Richard Chang and
Nick Tattersall)
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