Twitter To Ban Political Ads In Apparent Swipe At Facebook

Twitter will ban political advertising on its platform next month, the company's chief executive said on Wednesday, a move that won praise from Democrats and scorn from Donald Trump's presidential campaign.

"We've made the decision to stop all political advertising on Twitter globally," said Twitter CEO Jack Dorsey in a statement. "We believe political message reach should be earned, not bought."

Analysts do not expect the ban, which takes effect on November 22, to significantly reduce Twitter's business. Its shares fell 1.9 percent in after-hours trading.