On February 1, 1996, a large number of web sites were turned black for 48 hours as a protest against the passing of the Communications Decency Act in the United States. The Turn the Web Black protest, also called Black Thursday, was a joint effort by a number of civil liberties groups, including the Voters Telecommunications Watch and the Electronic Frontier Foundation. Thousands of websites, including a number of major ones, joined in the protest. The campaign was noted by major media such as the CNN, TIME magazine and The New York Times.
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Black Thursday or the Wall Street Crash refers to October 24, 1929, the day when the New York Stock Exchange crashed, leading eventually to the Great Depression.
After the experience of the Black Thursday, stock markets around the world instituted measures to temporarily suspend trading in the event of rapid declines, so as to prevent such panic sales.