Investing.com - Financial Markets Worldwide
💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Germany gives social networks 24 hours to remove hate speech or risk fine

Published 06/30/2017, 08:04 AM
© Reuters. Germany gives social networks 24 hours to remove hate speech or risk fine
META
-
  • Germany passes a law requiring social networks to remove hate speech and misinformation within a set timeframe or face a max fine of €50M.
  • Social networks have 24 hours after posting to remove the banned content. Complex cases have a week deadline.
  • Last year, the government and social networks reached an agreement for the sites to self-regulate on removing the content but the government wasn’t pleased with the speed.
  • A report from the European Commission sided with the social networks, saying the sites were improving at content removal and that such short deadlines risked eliminating allowed content.
  • "We believe the best solutions will be found when government, civil society and industry work together and that this law as it stands now will not improve efforts to tackle this important societal problem," says a Facebook (NASDAQ:FB) spokesperson.
  • Previously: Instagram launches AI-backed offensive comment blocker (June 29)
  • Now read: Social Media Challenge: Facebook Versus Tencent


Original article

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.