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@RandAlThor@lemmy.ca to World News@lemmy.ml • 2 years ago

X to be investigated for allegedly breaking EU laws on hate speech and fake news

www.theguardian.com

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X to be investigated for allegedly breaking EU laws on hate speech and fake news

www.theguardian.com

@RandAlThor@lemmy.ca to World News@lemmy.ml • 2 years ago
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EU launches proceedings against Elon Musk’s social media platform under new Digital Services Act
  • Hyperreality
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    2 years ago

    Copy 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.

    • @catfish@programming.dev
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      5•2 years ago

      mm that sounds juicy, fingers crossed

    • Justas🇱🇹
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      2•2 years ago

      With what Twitter is worth now, that fine would be akin to complete asset forfeiture.

    • @some_guy@lemmy.sdf.org
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      1•2 years ago

      And based on my predictions, that’ll amount to about fifty dollars by the end of 2025.

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