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.
General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars.
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Wing, an Alphabet subsidiary, found new opportunities and uses for its drone delivery service amid the COVID-19 pandemic.
David Quinalty of Waymo spoke to Cheddar about the company's hopes that the Biden Administration will continue the bipartisan work with the DOT in promoting autonomous driving technology.
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Playtika CFO Craig Abrahams joined Cheddar to discuss the mobile gaming company's public debut on the Nasdaq, likely a start to a steady flow of game devs going public in 2021.
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Adam Kovacevich, head of North America and Asia Pacific government relations at Lime, spoke to Cheddar about the e-scooter company's chances of operating in the Big Apple.
Tracy Sun, Poshmark co-founder and senior vice president of new markets, spoke to Cheddar about the online clothing reseller's successful public debut.
Jeff Bezos' Blue Origin company has launched a new capsule into space to test all the astronaut perks before people strap in.
