By Giles Turner
Technology companies tried to contain a mounting backlash against their social media sites, with shares of Twitter Inc. and Facebook Inc. falling in early trading and rival platform Parler forced offline by Amazon.com Inc.
Many conservatives said the moves to expunge President Donald Trump from the social networks and take down an app popular with his supporters went too far. Twitter was down about 5% Monday morning, reflecting shareholder uncertainty about the permanent removal of one of the site’s biggest accounts and the legislative consequence that could follow. Facebook’s share were down 3%.
Parler, whose chief executive officer, John Matze, pitches the network as a safe place for free speech, went down early on Monday after Amazon Web Services shut off access to its servers, leaving it without a home. Both Google and Apple Inc. kicked Parler from their stores, making it almost impossible to download the app.
The bans were strongly criticized by senior lawmakers in Germany and France. Chancellor Angela Merkel argued lawmakers should set the rules governing free speech, not technology companies, while French Finance Minister Bruno Le Maire said that the state should be responsible for regulations, rather than “the digital oligarchy,” and called big…
