What Happened
Dorsey tweeted that the company is identifying dates that can be marked as a celebration of emancipation.
Countries and regions around the world have their own days to celebrate emancipation, and we will do the work to make those dates company holidays everywhere we are present.
— jack (@jack) June 9, 2020
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Dorsey’s move on Juneteenth comes after the microblogging company instituted a policy of labeling and fact-checking Tweets, including those that promote violence.” data-reactid=”23″>Dorsey’s move on Juneteenth comes after the microblogging company instituted a policy of labeling and fact-checking Tweets, including those that promote violence.
President Donald Trump’s tweet about George Floyd, an African-American killed by a white policeman in Minnesota and the subsequent protests, drew Twitter’s censorship.
Why It Matters
According to the Juneteenth Organizations & Supporters, Juneteenth is the oldest commemoration of the end of slavery in the United States.
It celebrates the day when Major General Gordon Granger landed at Galveston, Texas, and announced that those enslaved were now free.
Dorsey and other business leaders have pledged to support the African-American community by way of donations. The Twitter CEO will donate $3 million toward the advancement of black and brown communities.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) is giving away $12 million to organizations that work for racial equality.” data-reactid=”29″>Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) is giving away $12 million to organizations that work for racial equality.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Amazon Inc. (NASDAQ: AMZN) is making a donation of $10 million to 11 organizations such as the American Civil Liberties Union, the Equal Justice Initiative, and the National Association for the Advancement of Colored People.” data-reactid=”30″>Amazon Inc. (NASDAQ: AMZN) is making a donation of $10 million to 11 organizations such as the American Civil Liberties Union, the Equal Justice Initiative, and the National Association for the Advancement of Colored People.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Social media giant Facebook Inc. (NASDAQ: FB), whose CEO Mark Zuckerberg has decided not to censor Trump’s posts, announced a grant of $10 million to groups working on racial justice.” data-reactid=”31″>Social media giant Facebook Inc. (NASDAQ: FB), whose CEO Mark Zuckerberg has decided not to censor Trump’s posts, announced a grant of $10 million to groups working on racial justice.
Price Action
Twitter shares traded 0.36% higher at $36.05 in the after-hours session on Tuesday. The shares had closed the regular session 1.97% lower at $35.92.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See more from Benzinga” data-reactid=”34″>See more from Benzinga
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