Facebook, Twitter Restrictions on Biden Article Infuriate Trump, , on October 15, 2020 at 12:41 am

By ILP
On 10/15/2020
In Financial News
Tags:

(Bloomberg) — President Donald Trump and his political allies reacted with fury after Facebook Inc. and Twitter Inc. on Wednesday restricted a New York Post article linking Joe Biden and his son Hunter to a Ukrainian energy company that figured in the impeachment investigation of Trump.Facebook said it would reduce distribution of the article, seeking to slow the pace of its spread before the social network’s fact-checkers have a chance to evaluate its authenticity.Twitter inserted a warning to people who clicked on the article. The company later said it took action to block links to the story because some of the article’s images contained material that violated Twitter’s rules about sharing personal information and hacked materials.“So terrible that Facebook and Twitter took down the story of ‘Smoking Gun’ emails related to Sleepy Joe Biden and his son, Hunter, in the @NYPost,” Trump wrote on Twitter as he headed to a rally in Iowa. “There is nothing worse than a corrupt politician. REPEAL SECTION 230!!!”The president was referring to part of the 1996 Communications Decency Act that protects technology companies from being sued over users’ content on their platforms.Trump used the article in an extended attack on the Bidens at the rally in Des Moines.Senator Ted Cruz, a Texas Republican, accused the companies of “censorship” and his office said in a statement that he had written letters to Facebook’s Chief Executive Mark Zuckerberg and Twitter CEO Jack Dorsey, charging that they were trying to influence the presidential election.Another Republican, Josh Hawley of Missouri, who has emerged as a prominent critic of U.S. technology giants and their influence since his arrival in Washington last year, tweeted: “Next week when the full Senate returns we should VOTE on my bill allowing Americans to sue BigTech for censorship & unfair treatment.”Neither Facebook nor Twitter immediately responded to requests for comment on Trump’s tweet and Cruz’s letters.But Dorsey, in a Twitter post on Wednesday night, said “Our communication around our actions on the @nypost article was not great. And blocking URL sharing via tweet or DM with zero context as to why we’re blocking: unacceptable.”Facebook has warned that the U.S.’s foreign adversaries, including Russia, might seek to trick journalists into amplifying hacked or inaccurate content they want to spread ahead of an election. Nathaniel Gleicher, Facebook’s head of security policy, issued this warning again Wednesday on Twitter, “given this morning’s news cycle.” He did not directly say whether this was why Facebook took action on the New York Post content.According to the Post, emails that the newspaper said were from Hunter Biden show he introduced his father, then the vice president, to Vadym Pozharskyi, an adviser to the board of the energy company, Burisma. The younger Biden served on the board.The paper claimed that the communication contradicts an assertion by Joe Biden that he hadn’t spoken to his son about his business dealings. A purported email from April 17, 2015, shows the Ukrainian energy executive thanking Hunter for the introduction. Bloomberg News hasn’t independently verified the authenticity of the purported emails.Yet the Post offered no proof that the meeting took place, or that the Bidens discussed the matter.The Post’s story said the emails came from data recovered from a laptop and hard drive left at a repair shop in Delaware in April 2019.The Post reported that it had obtained the emails from Rudy Giuliani, Trump’s personal lawyer, whose attempts to obtain disparaging information on the Bidens from Ukrainian officials last year contributed to Trump’s impeachment by the U.S. House. Trump was acquitted early this year at a Senate trial.Trump claims that Joe Biden’s actions in Ukraine, in which he pushed for the dismissal of the country’s prosecutor general, were to benefit Hunter Biden and Burisma.That accusation has been widely debunked. In pushing for the firing of the prosecutor, Viktor Shokin, Biden was acting in concert with official U.S. foreign policy and other allied nations that viewed Shokin as corrupt.A Ukrainian investigation into Burisma had long been dormant by the time Joe Biden was pushing for Shokin’s ouster in early 2016, a former Ukrainian official told Bloomberg News in May 2019.And inn September, the Treasury Department sanctioned one of the Ukrainians that Giuliani met with, Andrii Derkach, calling him a Russian agent who is trying to interfere in the 2020 election.The Biden campaign said Wednesday that the former vice president did not meet with the Burisma executive.“We have reviewed Joe Biden’s official schedules from the time and no meeting, as alleged by the New York Post, ever took place,” campaign spokesman Andrew Bates said in a statement.The Post report said that Pozharskyi thanked Hunter Biden in the April 2015 email for inviting him to Washington and “giving an opportunity to meet your father.” Hunter had joined the company’s board about a year earlier, according to the Post.McEnany’s Account LockedThe salvos fired at Twitter and Facebook by Trump and the others are part of a larger conflict over the power of technology giants and a growing willingness by the administration and lawmakers of both parties to bring them to heel. Conservatives will likely argue that the restrictions imposed by Facebook and Twitter amount to fresh evidence for a longstanding complaint: That social media platforms silence their views.On Wednesday evening, Trump said that Twitter had locked the personal account of White House Press Secretary Kayleigh McEnany after she tweeted about the Post article.Not long afterward, McEnany commented on her White House account: “Censorship should be condemned!”(Updates with Dorsey tweet, in paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.,

Facebook, Twitter Restrictions on Biden Article Infuriate Trump(Bloomberg) — President Donald Trump and his political allies reacted with fury after Facebook Inc. and Twitter Inc. on Wednesday restricted a New York Post article linking Joe Biden and his son Hunter to a Ukrainian energy company that figured in the impeachment investigation of Trump.Facebook said it would reduce distribution of the article, seeking to slow the pace of its spread before the social network’s fact-checkers have a chance to evaluate its authenticity.Twitter inserted a warning to people who clicked on the article. The company later said it took action to block links to the story because some of the article’s images contained material that violated Twitter’s rules about sharing personal information and hacked materials.“So terrible that Facebook and Twitter took down the story of ‘Smoking Gun’ emails related to Sleepy Joe Biden and his son, Hunter, in the @NYPost,” Trump wrote on Twitter as he headed to a rally in Iowa. “There is nothing worse than a corrupt politician. REPEAL SECTION 230!!!”The president was referring to part of the 1996 Communications Decency Act that protects technology companies from being sued over users’ content on their platforms.Trump used the article in an extended attack on the Bidens at the rally in Des Moines.Senator Ted Cruz, a Texas Republican, accused the companies of “censorship” and his office said in a statement that he had written letters to Facebook’s Chief Executive Mark Zuckerberg and Twitter CEO Jack Dorsey, charging that they were trying to influence the presidential election.Another Republican, Josh Hawley of Missouri, who has emerged as a prominent critic of U.S. technology giants and their influence since his arrival in Washington last year, tweeted: “Next week when the full Senate returns we should VOTE on my bill allowing Americans to sue BigTech for censorship & unfair treatment.”Neither Facebook nor Twitter immediately responded to requests for comment on Trump’s tweet and Cruz’s letters.But Dorsey, in a Twitter post on Wednesday night, said “Our communication around our actions on the @nypost article was not great. And blocking URL sharing via tweet or DM with zero context as to why we’re blocking: unacceptable.”Facebook has warned that the U.S.’s foreign adversaries, including Russia, might seek to trick journalists into amplifying hacked or inaccurate content they want to spread ahead of an election. Nathaniel Gleicher, Facebook’s head of security policy, issued this warning again Wednesday on Twitter, “given this morning’s news cycle.” He did not directly say whether this was why Facebook took action on the New York Post content.According to the Post, emails that the newspaper said were from Hunter Biden show he introduced his father, then the vice president, to Vadym Pozharskyi, an adviser to the board of the energy company, Burisma. The younger Biden served on the board.The paper claimed that the communication contradicts an assertion by Joe Biden that he hadn’t spoken to his son about his business dealings. A purported email from April 17, 2015, shows the Ukrainian energy executive thanking Hunter for the introduction. Bloomberg News hasn’t independently verified the authenticity of the purported emails.Yet the Post offered no proof that the meeting took place, or that the Bidens discussed the matter.The Post’s story said the emails came from data recovered from a laptop and hard drive left at a repair shop in Delaware in April 2019.The Post reported that it had obtained the emails from Rudy Giuliani, Trump’s personal lawyer, whose attempts to obtain disparaging information on the Bidens from Ukrainian officials last year contributed to Trump’s impeachment by the U.S. House. Trump was acquitted early this year at a Senate trial.Trump claims that Joe Biden’s actions in Ukraine, in which he pushed for the dismissal of the country’s prosecutor general, were to benefit Hunter Biden and Burisma.That accusation has been widely debunked. In pushing for the firing of the prosecutor, Viktor Shokin, Biden was acting in concert with official U.S. foreign policy and other allied nations that viewed Shokin as corrupt.A Ukrainian investigation into Burisma had long been dormant by the time Joe Biden was pushing for Shokin’s ouster in early 2016, a former Ukrainian official told Bloomberg News in May 2019.And inn September, the Treasury Department sanctioned one of the Ukrainians that Giuliani met with, Andrii Derkach, calling him a Russian agent who is trying to interfere in the 2020 election.The Biden campaign said Wednesday that the former vice president did not meet with the Burisma executive.“We have reviewed Joe Biden’s official schedules from the time and no meeting, as alleged by the New York Post, ever took place,” campaign spokesman Andrew Bates said in a statement.The Post report said that Pozharskyi thanked Hunter Biden in the April 2015 email for inviting him to Washington and “giving an opportunity to meet your father.” Hunter had joined the company’s board about a year earlier, according to the Post.McEnany’s Account LockedThe salvos fired at Twitter and Facebook by Trump and the others are part of a larger conflict over the power of technology giants and a growing willingness by the administration and lawmakers of both parties to bring them to heel. Conservatives will likely argue that the restrictions imposed by Facebook and Twitter amount to fresh evidence for a longstanding complaint: That social media platforms silence their views.On Wednesday evening, Trump said that Twitter had locked the personal account of White House Press Secretary Kayleigh McEnany after she tweeted about the Post article.Not long afterward, McEnany commented on her White House account: “Censorship should be condemned!”(Updates with Dorsey tweet, in paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

,

Contact Us

Please use our Instant Quote form to see if you're pre-qualified for a non-recourse stock loan, or if you have any questions or feedback, please email, call or chat with us.

deals@internationalliquiditypartners.com

+44 20 3994 1588

Headquarters: Hunkins Waterfront Plaza, Charlestown, Nevis

Open 24 hours a day / 7 days a week / 365 days a year

 

 

 

Frequently Asked Questions

What Is Securities-Based Lending?
Securities-based lending, or a stock loan, is the practice of using market investments such as stocks, ETF’s, warrants, bonds, or real estate investment trusts as collateral for a loan.
How much money can I get for my securities?
Borrow up to 80% of the value of your pledged investments giving you the capital you need to expand your business, purchase real estate, or tackle a costly project.
What happens if my securities lose value?
With a non-recourse stock loan, you can walk away from your securities at any time and keep the loan money with no negative credit consequences even if the investments lose value.
Is my information safe with ILP?
We pride ourselves on outstanding service and make client confidentiality our top priority. You can always be absolutely certain your information is safe with us.
How long does it take for the disbursement of funds?
Most of the transactions we process take less than 7 days from application to the disbursement of funds giving you cash quickly when you need it most.
What credit score do I need to qualify?
There are no credit checks or personal guarantees necessary with our services. Your pledged securities are the only collateral required for the loan you receive.

Instant Quote

Please fill out your information to see if you are pre-qualified.

Enter the Stock Symbol.

Select the Exchange.

Select the Type of Security.

Please enter your First Name.

Please enter your Last Name.

Please enter your phone number.

Please enter your Email Address.

Please enter or select the Total Number of Shares you own.

Please enter or select the Desired Loan Amount you are seeking.

Please select the Loan Purpose.

Please select if you are an Officer/Director.

International Liquidity Partners, LLC may only offer certain information to persons who are “Accredited Investors” and/or “Qualified Clients” as those terms are defined under applicable Federal Securities Laws. In order to be an “Accredited Investor” and/or a “Qualified Client”, you must meet the criteria identified in ONE OR MORE of the following categories/paragraphs numbered 1-20 below.

International Liquidity Partners, LLC cannot provide you with any information regarding its Loan Programs or Investment Products unless you meet one or more of the following criteria. Furthermore, Foreign nationals who may be exempt from qualifying as a U.S. Accredited Investor are still required to meet the established criteria, in accordance with International Liquidity Partners, LLC’s internal lending policies. International Liquidity Partners, LLC will not provide information or lend to any individual and/or entity that does not meet one or more of the following criteria:

1) Individual with Net Worth in excess of $1.0 million. A natural person (not an entity) whose net worth, or joint net worth with his or her spouse, at the time of purchase exceeds $1,000,000 USD. (In calculating net worth, you may include your equity in personal property and real estate, including your principal residence, cash, short-term investments, stock and securities. Your inclusion of equity in personal property and real estate should be based on the fair market value of such property less debt secured by such property.)

2) Individual with $200,000 individual Annual Income. A natural person (not an entity) who had individual income of more than $200,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

3) Individual with $300,000 Joint Annual Income. A natural person (not an entity) who had joint income with his or her spouse in excess of $300,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

4) Corporations or Partnerships. A corporation, partnership, or similar entity that has in excess of $5 million of assets and was not formed for the specific purpose of acquiring an interest in the Corporation or Partnership.

5) Revocable Trust. A trust that is revocable by its grantors and each of whose grantors is an Accredited Investor as defined in one or more of the other categories/paragraphs numbered herein.

6) Irrevocable Trust. A trust (other than an ERISA plan) that (a)is not revocable by its grantors, (b) has in excess of $5 million of assets, (c) was not formed for the specific purpose of acquiring an interest, and (d) is directed by a person who has such knowledge and experience in financial and business matters that such person is capable of evaluating the merits and risks of an investment in the Trust.

7) IRA or Similar Benefit Plan. An IRA, Keogh or similar benefit plan that covers only a single natural person who is an Accredited Investor, as defined in one or more of the other categories/paragraphs numbered herein.

8) Participant-Directed Employee Benefit Plan Account. A participant-directed employee benefit plan investing at the direction of, and for the account of, a participant who is an Accredited Investor, as that term is defined in one or more of the other categories/paragraphs numbered herein.

9) Other ERISA Plan. An employee benefit plan within the meaning of Title I of the ERISA Act other than a participant-directed plan with total assets in excess of $5 million or for which investment decisions (including the decision to purchase an interest) are made by a bank, registered investment adviser, savings and loan association, or insurance company.

10) Government Benefit Plan. A plan established and maintained by a state, municipality, or any agency of a state or municipality, for the benefit of its employees, with total assets in excess of $5 million.

11) Non-Profit Entity. An organization described in Section 501(c)(3) of the Internal Revenue Code, as amended, with total assets in excess of $5 million (including endowment, annuity and life income funds), as shown by the organization’s most recent audited financial statements.

12) A bank, as defined in Section 3(a)(2) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

13) A savings and loan association or similar institution, as defined in Section 3(a)(5)(A) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

14) A broker-dealer registered under the Exchange Act.

15) An insurance company, as defined in Section 2(13) of the Securities Act.

16) A “business development company,” as defined in Section 2(a)(48) of the Investment Company Act.

17) A small business investment company licensed under Section 301 (c) or (d) of the Small Business Investment Act of 1958.

18) A “private business development company” as defined in Section 202(a)(22) of the Advisers Act.

19) Executive Officer or Director. A natural person who is an executive officer, director or general partner of the Partnership or the General Partner, and is an Accredited Investor as that term is defined in one or more of the categories/paragraphs numbered herein.

20) Entity Owned Entirely By Accredited Investors. A corporation, partnership, private investment company or similar entity each of whose equity owners is a natural person who is an Accredited Investor, as that term is defined in one or more of the categories/paragraphs numbered herein.

Please read the notice above and check the box below to continue.

Nevis Office

Main Street
Hunkins Waterfront Plaza
Charlestown, Nevis

New York Office

Coming Soon!

Follow Us

Market Coverage