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.
Retired astronaut Dr. Peggy Whitson joined Cheddar to discuss what we can expect while watching the SpaceX launch on Saturday.
The Wall Street Survival & Stock trading Guide Bundle features eight comprehensive courses on how to be a successful professional trader for $29.99.
Sony's Playstation 5 launch saw retailers sold out within minutes today. Eric Lempel, SVP and global head of marketing with Sony Interactive Entertainment, joined Cheddar to discuss anticipation for the new system and the growing popularity of gaming.
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The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene.
Lauren Dillard, EVP, head of global information services at Nasdaq, joined Cheddar to discuss tools rolled out to help retain retail investors.
Apple is rolling out its first Mac computers powered by the same kind of chips that run iPhones and iPads in a move aimed at making it even easier for its most popular products to work together.
Virgin Hyperloop has completed its first human test run yesterday in the Las Vegas desert, moving two people 500m in 15 seconds at 107 mph. Josh Giegel, co-founder and CTO, joined Cheddar to discuss the landmark moment and the technology behind the hyperloop.
John Matze, CEO of Parler, says he welcomes Republicans and Democrats alike to create "discussion, debate, and discourse" on the popular "free speech social network."
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