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.
The charitable arm of San Francisco-based technology giant Cisco Systems has pledged to invest $100 million over the next decade to help reverse the impact of climate change.
Apple plans to invest more than $1 billion in North Carolina to build the company’s first East Coast campus.
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.
A growing coalition of private companies, nonprofits, and the federal government are pushing for a more unified approach towards COVID vaccination credentialing.
SpaceX launched four astronauts into orbit Friday using a recycled rocket and capsule, the third crew flight in less than a year for Elon Musk’s rapidly expanding company.
Maryland-based cannabis grower Culta talks sustainability as the world celebrates Earth Day. Cheddar's Chloe Aiello reports.
NASA's little Mars helicopter has aced its second test flight.
Affirm, a pioneer of the buy now, pay later model, has acquired Returnly, which specializes in making online returns more seamless.
CEO Mark Zagorski of DoubleVerify spoke with Cheddar about how a spike in digital advertising and the minefields of fraud and brand safety for advertisers made it the right time to go public.
Microsoft is offering a rare peek behind the "cloud" with virtual tours of its Azure public data centers.
