@RandAlThor@lemmy.ca to World News@lemmy.ml • 1 year agoX to be investigated for allegedly breaking EU laws on hate speech and fake newswww.theguardian.comexternal-linkmessage-square27fedilinkarrow-up1340arrow-down110cross-posted to: technology@lemmy.worldworld@lemmy.world
arrow-up1330arrow-down1external-linkX to be investigated for allegedly breaking EU laws on hate speech and fake newswww.theguardian.com@RandAlThor@lemmy.ca to World News@lemmy.ml • 1 year agomessage-square27fedilinkcross-posted to: technology@lemmy.worldworld@lemmy.world
minus-squareHyperrealitylinkfedilink7•edit-21 year agoCopy paste of my comment on this story in another community: For those wondering: The wide-ranging Digital Services Act (DSA) can fine a company up to 6% of its global turnover for violating the rules Based on revenue in 2022, that means Twitter faces a $264 million dollar fine. The DSA isn’t the real danger for twitter. That would be NetzDG. From April, 2023: The law, known colloquially as NetzDG, allows for fines of up to €50 million per case. … Even just in Germany if the BfJ were to act on the 600+ illegal hate speech cases that have already been reported to it that could sum to fines of up to €30 billion for Twitter, based on the maximum penalties set out in the NetzDG law.
minus-squareJustas🇱🇹linkfedilink1•1 year agoWith what Twitter is worth now, that fine would be akin to complete asset forfeiture.
Copy paste of my comment on this story in another community:
For those wondering:
Based on revenue in 2022, that means Twitter faces a $264 million dollar fine.
The DSA isn’t the real danger for twitter. That would be NetzDG. From April, 2023:
With what Twitter is worth now, that fine would be akin to complete asset forfeiture.