"We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought," Dorsey tweeted.
Twitter's chief financial officer, Ned Segal, tweeted
Wednesday that the company made less than $3 million from political ads in the 2018 cycle.
"This decision was based on principle, not money," he said.
In a speech in Washington D.C.
earlier this month, Zuckerberg said, "Given the sensitivity around political ads, I've considered whether we should stop allowing them altogether. From a business perspective, the controversy certainly isn't worth the small part of our business they make up. But political ads are an important part of voice — especially for local candidates, up-and-coming challengers, and advocacy groups that may not get much media attention otherwise. Banning political ads favors incumbents and whoever the media covers."