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The relevance of social media platforms in swaying global politics was first highlighted with the rise of Facebook (NASDAQ:META) (rebranded later to Meta), which was accused of manipulating information based on user demographics. Twitter, which was recently acquired by Elon Musk, got the short end of the stick as US President Joe Biden accused the website of spewing lies.
Biden attended a fundraising event in Chicago for upcoming elections, wherein he called out Elon Musk for purchasing Twitter. He stated:
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