00:57 GMT26 January 2021
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    The logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, 8 February 2018. Twitter is reporting fourth-quarter net income of $91.1 million, swinging to a profit a year after reporting millions in losses last year. (AP Photo/Richard Drew)

    Twitter's share price fell 1.8 percent on Thursday after the social platform temporarily banned President Donald Trump’s account for his posts.

    In turn, Facebook shares rose by 2%, while Facebook and Instagram banned Trump's accounts indefinitely and for at least the next two weeks.

    ​Earlier, Twitter, Instagram, Facebook and Snapchat temporarily suspended Trump’s account. Twitter went so far as to threaten to permanently suspend the account if Trump violated the social media firm’s policy against inciting violence.

    On Wednesday Donald Trump’s supporters broke into Congress to protest the verification of the Electoral College votes for Democrat Joe Biden, who defeated the Republican president in November’s election. The mob engaged with police in a stand-off that lasted several hours and left five people dead.

    Donald Trump has 89 million followers on Twitter account.

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