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.
These are the headlines you Need 2 Know for Thursday, January 23, 2020.
The Fisker Ocean debut at the Consumer Electronics Show in Las Vegas earlier this month represented a new opportunity for CEO Henrick Fisker to stake his claim in the electric vehicle industry.
The company wrote in its latest quarterly earnings report on Tuesday that it had lowered the threshold for a view to someone who watched a piece of content for at least two minutes.
Tesla's stock reached an all-time high on Wednesday when it opened at $571 per share, hoisting the company over the $100 billion market cap and making it the most valuable U.S. carmaker.
Here's where some of the top social media apps like Instagram and Pinterest stand at the beginning of 2020.
UN experts Wednesday called for an investigation into reports that the crown prince of Saudi Arabia hacked into Amazon founder Jeff Bezos' phone via WhatsApp.
These are the headlines you Need 2 Know for Wednesday, January 22, 2020.
Cruise, the autonomous-vehicle company backed by General Motors and Honda, unveiled the Origin on Tuesday which it says is the first self-driving vehicle designed from the ground-up to get from here to there without a driver.
Investors were eager to see how the company fared following the launch of Disney+ and AppleTV+ in November and in light of the upcoming launch of NBCUniversal’s Peacock streaming service.
CoinTracker, a startup that helps people calculate their taxes on crypto holdings, is introducing a free tier of service for users with less than 200 crypto transactions in a tax year as the IRS makes turns its attention to investors in “virtual currencies.”
