Facebook Inc ‘s oversight board on Wednesday will decide whether to uphold the company’s indefinite suspension of former U.S. President Donald Trump, in a much-awaited verdict that may signal how the company will treat rule-breaking world leaders in the future.
Facebook indefinitely blocked Trump’s access to his Facebook and Instagram accounts over concerns of further violent unrest following the Jan. 6 storming of the U.S. Capitol by supporters of the former president.
At the time of the suspension, Facebook Chief Executive Mark Zuckerberg said in a post that “the risks of allowing the President to continue to use our service during this period are simply too great.” The company later referred the case to its recently established board, which includes academics, lawyers and rights activists, to decide whether to uphold the ban or restore Trump.
“Both of those decisions are no-win decisions for Facebook,” said Kate Klonick, an assistant law professor at St. John’s University who embedded at Facebook to follow the board’s creation. “So, offloading those to a third party, the Oversight Board, is a win for them no matter what.”
The binding verdict marks a major decision for the board, which rules on a small slice of challenging content decisions and which Facebook created as an independent body as a response to criticism over how it handles problematic material. Facebook has also asked the board to provide recommendations on how it should handle political leaders’ accounts.
Tech platforms have grappled in recent years with how to police world leaders and politicians that violate their guidelines. Facebook has come under fire both from those who think it should abandon its hands-off approach to political speech and those who saw the Trump ban as a worrying act of censorship.
If the board overturns Trump’s ban, it will restore to the former president a social media megaphone he has lacked since being barred in January from platforms including Twitter Inc, which permanently banned him from posting to his more than 88 million followers. Facebook will have seven days to act on the board’s decision.
Trump, who has been sending out short, emailed press releases, continued to promote election misinformation in one on Monday, saying “the Fraudulent Presidential Election of 2020 will be, from this day forth, known as THE BIG LIE!”
On Tuesday, he launched a new webpage to share messages that readers can then re-post to their Facebook or Twitter accounts.
Facebook has said Trump, who has 35 million Facebook followers, would be subject to the same policies as ordinary users after the end of his presidency. This means that if Trump returned to the platform, his posts would now be eligible for fact-checking. Following a widening of the board’s scope in April, Facebook users would also be able to appeal the former president’s posts to the board.
On the technical front, FACEBOOK , RSI stood at 60.001, the price is trading Above the Moving Averages 20 & 50. So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL- FACEBOOK– Buy: 320.50, TARGET:-360.50, STOP LOSS: 300 .50.