Social media networks now face a fine of over $50 million in Germany if reported hate speech is not taken down within 24 hours, or seven days in complicated cases. Phillip Tracy, Tech Writer at The Daily Dot, joins Cheddar to discuss the new laws.
The Network Enforcement Act went into effect in October, but social media networks were given a grace period until January 1st. Facebook has reportedly already hired a team of people in Germany to deal with content deemed as hate speech. The law was met with much criticism over freedom of speech when first presented.
Tracy believes there will be a learning curve when it comes to what is considered hate speech. He doesn't think it's practical right now because of the sheer volume of content on social media platforms.
Officials are confirming hackers infiltrated computer systems for North America’s largest transit system in April.
The world’s largest meat processing company is getting back to work after production around the world was disrupted by a cyberattack just weeks after a similar incident shut down a U.S. oil pipeline.
The world's two largest economies, China and the United States, look to build their own digital currencies even as they look to reign in the private crypto sector.
Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, "Legally Blonde" and "Shark Tank."
Apple CEO Tim Cook described the company’s ironclad control over its mobile app store as the best way to serve and protect iPhone users, but faced tough questions about competition issues from a judge.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Amazon says it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year.
China has landed a spacecraft on Mars for the first time in the latest step forward for its ambitious space program.
U.S. telecom giant AT&T Inc. is combining its WarnerMedia operations with Discovery Inc.
Cheddar explains why some European countries are building new bicycle superhighways and how it'll transform their transportation landscape.
