“The Two Things To Understand About Trump’s Executive Order On Social Media: (1) It’s A Distraction (2) It’s Legally Meaningless” — Mike Masnick, techdirt
From “Trump Signs Executive Order Targeting Social Media” ($) posted Friday on WSJ.com:
President Trump signed an executive order on Thursday seeking to limit the broad legal protection that federal law currently provides to social-media and other online platforms, a move that is expected to draw immediate court challenges.
The order seeks to make it easier for federal regulators to hold companies such as Twitter Inc. and Facebook Inc. liable if they are deemed to be unfairly curbing users’ speech by, for example, suspending their accounts or deleting their posts.
Mr. Trump signed the order after Twitter on Tuesday moved for the first time to apply a fact-checking notice to tweets by the president on the subject of voter fraud.
Twitter early Friday attached a public-interest notice to a tweet from Mr. Trump about the violent protests in Minneapolis in response to the death of George Floyd while in police custody. The social-media company said the tweet violated its rules about glorifying violence but allowed users to access it via a link…
Shares of social-media companies fell on Mr. Trump’s comments. Twitter lost $1.47, or 4.5%, to $31.60. Facebook shares fell $3.68, or 1.6%, to $226.46.
My take: The president is having a bad week. The death toll passed 100,000, Minneapolis is burning and Elon Musk’s rocket didn’t take off.