The Hindu Business Line

Germany to fine FB €500,000


A day after Facebook said it was stepping up efforts against fake news and hoaxes, Germany announced a new law that will empower it to fine the social media giant €500,000 ($522,575) for every problemati­c post that does not vanish within 24 hours. “After years of asking, cajoling and threatenin­g the US social network to work faster to tackle fake news and hate speech, Berlin made clear it is no longer interested in self-regulation,” a report in the Irish Times said on Sunday.

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