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Home News

EU Targets Big Tech Companies

March 20, 2024
Reading Time: 2 mins read
in News
EU Targets Big Tech Companies

The European Commission is set to introduce stringent measures targeting social media giants such as X and TikTok in a bid to curb the proliferation of election-related disinformation. This binding regulatory regime represents a significant departure from the industry’s years of self-regulation and is poised to impose fines of up to 6% of global turnover on platforms failing to effectively address artificial intelligence-powered disinformation and deepfakes. With European elections scheduled for June, the urgency of these measures is underscored by heightened concerns within the EU over potential destabilizing attacks from Russian agents, prompting a concerted effort to fortify the integrity of electoral processes against online threats.

The guidelines put forth by the European Commission demand that social media platforms and search engines establish dedicated teams to monitor and mitigate the risks of online disinformation across the bloc in 23 different languages during election periods, signaling a comprehensive approach to safeguarding the electoral landscape. Additionally, close collaboration with cybersecurity agencies across the EU’s 27 member states is mandated, emphasizing the imperative for cross-border cooperation in combatting online disinformation.

This proactive stance by the EU signifies a pivotal shift towards robust regulatory oversight aimed at preserving the integrity of democratic processes in the digital age and underscores the evolving role of technology firms in shaping the future of public discourse and electoral dynamics.

Reference:
  • EU Set to Enforce Hard-hitting Measures Against Big Tech for Election Disinformation
Tags: Cyber NewsCyber News 2024Cyber threatsCybersecurityEuropean CommissionMarch 2024Tik TokX
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