@RandAlThor@lemmy.ca to World News@lemmy.ml • 11 months agoX to be investigated for allegedly breaking EU laws on hate speech and fake newswww.theguardian.comexternal-linkmessage-square33fedilinkarrow-up1395arrow-down111cross-posted to: technology@lemmy.worldworld@lemmy.world
arrow-up1384arrow-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 • 11 months agomessage-square33fedilinkcross-posted to: technology@lemmy.worldworld@lemmy.world
minus-squareHyperrealitylinkfedilink10•edit-211 months 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🇱🇹linkfedilink2•11 months agoWith what Twitter is worth now, that fine would be akin to complete asset forfeiture.
minus-square@some_guy@lemmy.sdf.orglinkfedilink1•11 months agoAnd based on my predictions, that’ll amount to about fifty dollars by the end of 2025.
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:
mm that sounds juicy, fingers crossed
With what Twitter is worth now, that fine would be akin to complete asset forfeiture.
And based on my predictions, that’ll amount to about fifty dollars by the end of 2025.