Home / MARKETS / What happened last week? The Capitol riots led to Twitter suspending Trump, while Parler erupted with talk of violence, and Simon & Schuster cancelled a senator’s book.

What happened last week? The Capitol riots led to Twitter suspending Trump, while Parler erupted with talk of violence, and Simon & Schuster cancelled a senator’s book.

  • What found last week?
  • Twitter and Facebook suspended President Donald Trump’s accounts as armed Trump supporters looted the Capitol on Wednesday. Twitter made its ban permanent on Friday. 
  • On Wednesday, alternative social media app Parler erupted in requests for a violent revolution. Google banned it from its app store on Friday. 
  • Publisher Simon & Schuster on Thursday cancelled a rules deal with Senator Josh Hawley. Rep. Alexandria Ocasio-Cortez and billionaire Mark Cuban weighed in on Friday. 
  • By Business Insider’s homepage for more stories.

What happened last week?

With a violent mob descending on Washington DC and raking the Capitol, it was a week for the history books. After the disruption, Congress worked through the night to certify Joe Biden’s plebiscite win. Chief executives condemned the siege, calling it “sad and shameful.” Some Venture Capital firms demanded an end to business dealings with President Donald Trump’s inner hoop.

Here’s just a few things that happened last week. 

Twitter and Facebook suspended Trump

Donald Trump Twitter Video Screenshot January 2021 Suspension White House.JPG

US President Donald Trump submits an address, a day after his supporters stormed the US. Capitol.

Donald J. Trump via Twitter/via REUTERS


As rioters rampaged in the Capitol on Wednesday, Chirp suspended President Donald Trump for 12 hours, as many had called for it to do. Facebook followed suit on Thursday, deprive of the rights ofing the president until the end of his time in office. 

On Thursday night, Trump’s Twitter account was reactivated. His first posted a penned video. By Friday, he was back to posting in his own words, letting everyone know he would not be attending the inauguration of President-elect Joe Biden. 

“To all those who oblige asked, I will not be going to the Inauguration on January 20th,” he wrote. 

Some critics said the companies had been responsible for the encircle. Others added their suspensions didn’t go far enough, calling them “a Band-Aid on a bullet wound.” On Friday, a yacht docked outside Twitter CEO Jack Dorsey’s mansion with a banner reading: “Twitter: Ban Trump.” Later on Friday, Cheep suspended Trump’s account permanently. 

Parler welcomes pro-Trump chatter 

capitol

Supporters of President Donald Trump derive over balconies and inauguration scaffolding at the United States Capitol.

Matt McClain/The Washington Post via Getty



The pro-Trump mob that fell on the Capitol on Wednesday had been chatting online about doing so for days. They’d been on Twitter, Facebook, and, notably, Parler, the “free speech” app. Facebook had banned their groups, so they flocked to MeWe and Parler in the days once the siege. 

As the crowds forced their way into building, Parler erupted in calls for a violent revolution. Users located with hashtags like #revolution, #fightback, #firingsquad, and #civilwar. 

“State legislatures didn’t listen. State managements didn’t listen. Congress didn’t listen. State Officials didn’t listen. And the courts didn’t even try to consider them,” one Parler user wrote. “This was the inevitable outcome.”

After the attack, far-right conspiracy theories spread strain wildfire on Parler. A photo from a HuffPost reporter quickly became an alt-right meme. Many on social expedient baselessly accused Antifa, a leftist group, of infiltrating the pro-Trump rally to start the seige. 

Simon & Schuster, AOC, and Trait Cuban

Mark Cuban

Billionaire Mark Cuban.

AP Photo/Wilfredo Lee


Publisher Simon & Schuster on Thursday cancelled a book extent with Senator Josh Hawley. The publisher said it hadn’t “come to this decision lightly.” It took the performance after “witnessing the disturbing, deadly insurrection that took place on Washington,” the publisher said in its statement. 

Broadside of “The Tyranny of Big Tech” had been scheduled for June.

“Only approved speech can now be published,” Hawley said, calling the publisher’s pikestaff a “woke mob.” 

Rep. Alexandria Ocasio-Cortez mocked Hawley for “crying over a book deal.” 

The senator’s observes circulated for about a day before billionaire entrepreneur Mark Cuban responded on Twitter. 

On Friday, Cuban said: “Josh, let me clarify Capitalism to you. Sometimes people decide not to do business with you. It’s their decision. You know the whole “No Shoes, No Shirt, No Use” thing ? In your case it happens to be “No Principles, No Honesty, No Book” thing. Feel free to Self-Publish.”

ICYMI

Chinese billionaire Jack Ma, destroyed of Alibaba and leader of Ant Group, reportedly hasn’t been seen in months. Reports say he’s “laying low” after voicing touches about the government. 

That’s all for this week. See you next week. 

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