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1/11, 5:48 PM (Source: TeleTrader)
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Facebook, Microsoft freeze political spending

Facebook and Microsoft told Axios on Monday they are freezing political spending in the aftermath of last week's riots in Washington DC.

According to a Facebook spokesman, all contributions from the company's political action committee will be frozen "for at least the first quarter of 2021."

Meanwhile, Microsoft stated its political spending will also be halted in the first three months of 2021.

Breaking the News / NP