About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Quicktake: Now published this video item, entitled “What’s Next For Trump After Facebook Ban?” – below is their description.
Donald Trump will remain suspended from Facebook Inc.’s networks for at least two years, and the world’s largest social media company said the former U.S. president will be reinstated in 2023 only if the risk to public safety has subsided.
“Given the gravity of the circumstances that led to Mr. Trump’s suspension, we believe his actions constituted a severe violation of our rules which merit the highest penalty available under the new enforcement protocols,” Nick Clegg, Facebook’s vice president of global affairs, wrote Friday in a blog post.
Without access to the broad reach afforded by social media giants like Facebook and Twitter, which permanently banned him in January, Trump has struggled to maintain an online presence. He shut down his blog-like “From the Desk of Donald J. Trump” website this week, though he frequently sends out several press statements a day — often targeted at fellow Republicans he believes are insufficiently loyal.
The two-year timeline for reconsidering Trump’s ability to post means he could be back on Facebook and Instagram just as the 2024 presidential election cycle is beginning. Trump has hinted that he is seriously considering a second run at the presidency in 2024.
“When the suspension is eventually lifted, there will be a strict set of rapidly escalating sanctions that will be triggered if Mr. Trump commits further violations in future, up to and including permanent removal of his pages and accounts,” Clegg said in the post.Bloomberg Quicktake: Now YouTube Channel
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In This Story: Donald Trump
Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
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The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.
It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).