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.
Jeff Bezos announced he is stepping down as CEO of Amazon.
Robinhood CEO Vlad Tenev called for real-time settlement of trades in a letter posted on the trading app's website on Tuesday.
The Reddit-fueled buying spree of GameStop stocks may be winding down, but regulators and legal experts are still only beginning to understand the implications of what just happened.
Pennsylvania entrepreneur Jared Isaacman aims to use the trip to raise $200 million for St. Jude Children's Research Hospital.
This powerful, award-winning router delivers fast, safe and reliable coverage throughout your home, no matter how many devices are in use.
The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high.
The cryptocurrency known as Dogecoin is rallying
Geraldine Barnuevo, , environmental strategies and sustainability senior manager at GM, spoke to Cheddar about what's in store for the automaker following its big pledge to go carbon neutral by 2040.
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.
Christopher Kardatzke, the chief technology officer for Quiver Quantitative, joined Cheddar to discuss how hedge funds have started inquiring about its data-scraping tech in the wake of the GameStop short squeeze.
