From The New York Times:

“Twitter’s initial announcement, made in a series of tweets by Jack Dorsey, its chief executive, stunned the tech and political communities. Even though political ad spending on Twitter is minuscule compared with the amount on Facebook — the 2020 presidential campaigns have spent $60 million on Facebook this year, according to the tracking firm [AdImpact], but just $4 million on Twitter — the idea of banning all political advertising on the platform was still a surprise.”

Read the full article here.