Technology stocks lead market lower as tech CEOs grilled by Congress - Business Insider

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Tech stocks lead the market lower amid disappointing Microsoft outlook and congressional hearing with industry CEOs

Section 230 is a 1996 law that protects internet platforms from being held liable for content posted by its users.

With hundreds of millions of users, if not billions, it is in the best interest of the technology companies to not be held liable for what their users say on its platform. The hearing grew contentious with Republican Senators like Ted Cruz criticizing Twitter CEO Jack Dorsey for itsto the NY Post story by any of its 330 million monthly active users, but it later reversed course on its policy.

 

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Disappointing Microsoft outlook? They beat every expectation.

does the GOP really feel they understand technology enough to have this conversation? or are they going to pout until someone says something they want to hear?

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