Google (GOOGL) has been next in the line to receive a slam from President Donald Trump. POTUS feels good news and conservative voices are being suppressed in the Search results page and “bad” stories are scrolled up when searching for “Trump news” in Google.
Despite not specifying the actions or laws violation, Trump stated the matter will be addressed as the company’s actions could be “illegal”. As usual, he has taken the Twitter to intimate this issue. The President has mainly focused on social media companies as well as the news media businesses.
In reply, a Google spokesperson told CNN that users will get the most appropriate answers when searching. The person continued that Google doesn’t tilt results towards any political views and never grade search results to exploit political sentiment. To search the Web, Google uses automated programs called ‘spiders’ and keywords are used for indexing pages.
Last week, Trump has accused the Federal Reserve chairman Jerome Powell of lifting interest rates instead of boosting the economy. In a Reuters exclusive, Trump has disclosed he was “not thrilled” with the Fed and blamed China and the European Union for exploiting their currencies. During the troublesome trade talks, the Fed was not supporting the US while the central banks of other countries remained benefited.
Trump has also made the SEC undergo sleepless nights as his tweet asked for the agency to study the possibility of converting to half-yearly results for public companies, instead of quarterly results. Long-term goals and productivity would turn out to be the main focus for the companies by this conversion.