Lobbying groups representing Facebook, Twitter, Google file emergency request with U.S. Supreme Court. Law prohibits large social media platforms from banning users based on their political views. Texas law went into effect on Wednesday when the 5th U.N. Circuit Court of Appeals ruled in favor of the state.

The law forbids social media companies from banning members based on their political views. It was signed into law by Texas Governor Greg Abbott, a Republican, in September. Internet lobbying groups NetChoice and the Computer & Communications Industry Association filed a lawsuit against the measure. U.S. District Judge Robert Pitman in Austin, Texas, issued a preliminary injunction in December.

Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece. Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc (NYSE:TWTR) was "temporarily on hold" while he waits.
Posted by DI dickenskale
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