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EU asks Amazon to clarify its measures to protect customers
  + stars: | 2023-11-15 | by ( ) www.reuters.com   time to read: 1 min
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsBRUSSELS, Nov 15 (Reuters) - The European Commission on Wednesday said it had given Amazon (AMZN.O) until Dec. 6 to provide more information on measures the online retailer takes to protect customers against illegal products. Under new online content rules known as the Digital Services Act (DSA) which came into force recently, major online platforms are required to do more to take down illegal and harmful content or risk fines of as much as 6% of their global turnover. Reporting by Bart Meijer; editing by Charlotte Van Campenhout and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Bart Meijer, Charlotte Van Campenhout, Jason Neely Organizations: Amazon, REUTERS, Rights, European Commission, Digital Services, Thomson Locations: New York City, U.S, Rights BRUSSELS
[1/2] A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Acquire Licensing RightsBRUSSELS/STOCKHOLM, Nov 14 (Reuters) - Microsoft and Google will not challenge an EU law requiring them to make it easier for users to move between competing services such as social media platforms and internet browsers. As part of its latest crackdown on Big Tech, the European Union in September picked 22 "gatekeeper" services, run by six of the world's biggest tech companies, to face new rules . The Digital Markets Act (DMA) requires these gatekeepers to inter-operate their messaging apps with competitors and allow users to decide which apps they pre-install on their devices. The DMA will apply to services from Alphabet (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O), Meta (META.O), Microsoft (MSFT.O) and TikTok owner ByteDance.
Persons: Paresh Dave, ByteDance, Meta, WhatsApp, TikTok, Foo Yun Chee, Supantha Mukherjee, Sharon Singleton, Alexander Smith Organizations: REUTERS, Microsoft, Google, Big Tech, European Union, Markets, Apple, Amazon, Digital Services, European Commission, Digital Markets, Windows, LinkedIn, Industry, Reuters, Facebook, Bloomberg, Thomson Locations: Mountain View , California, U.S, BRUSSELS, STOCKHOLM, Luxembourg, Brussels, Stockholm
The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman Acquire Licensing RightsBRUSSELS, Nov 10 (Reuters) - Facebook owner Meta Platforms (META.O) and social media company Snap (SNAP.N) have been given a Dec. 1 deadline by the EU to give more information on how they protect children from illegal and harmful content, the European Commission said on Friday. The request for information on the measures the companies have taken to improve the protection of minors comes a day after a similar message by the European Union to Alphabet's (GOOGL.O) YouTube and TikTok. The Commission last month also sent companies including Meta, X and TikTok urgent orders to detail measures taken to counter the spread of content related to terrorism, violent content and hate speech on their platforms. The Commission can open investigations into the companies if it is not satisfied with their responses.
Persons: Yves Herman Acquire, Bart Meijer, Sharon Singleton Organizations: REUTERS, Rights, Meta, EU, European Commission, European Union, YouTube, Digital Services, Thomson Locations: Brussels, Belgium, Rights BRUSSELS
The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. Apple did not immediately respond to Reuters request for comment, while the EU declined to comment. Even with the potential appeal, Apple will still be required to comply with the rules from March. Apple said in a filing this month it expects to make changes to the App Store as a result of the bloc's new rules. Reporting by Chandni Shah and Yuvraj Malik in Bengaluru; Editing by Anil D'Silva and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Segar, Apple, Chandni Shah, Yuvraj Malik, Anil D'Silva, Arun Koyyur Organizations: Apple Inc, Apple, REUTERS, Bloomberg, Markets, EU Commission, Google, Digital Services, Thomson Locations: Manhattan , New York, U.S, EU's, Bengaluru
[1/2] A 3D printed Youtube and Tik Tok logo are seen placed on keyboard in this illustration taken, September 15, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 9 (Reuters) - Alphabet's (GOOGL.O) YouTube and TikTok have been given a Nov. 30 deadline by the European Union to reply to an information request on how they protect children from illegal and harmful content, the European Commission said on Thursday. Google and TikTok did not immediately reply to a request for comment. The information request comes days after Breton told TikTok Chief Executive Officer Shou Zi Chew to spare no effort to counter disinformation on its platform, owned by China's ByteDance. "Based on the assessment of the replies, the Commission will assess next steps", the Commission said.
Persons: Dado Ruvic, Thierry Breton, Breton, Shou Zi Chew, China's ByteDance, Sundar Pichai, Tassilo Hummel, David Evans Organizations: REUTERS, Rights, YouTube, European Union, European Commission, Big Tech, Digital Services, Google, Reuters, Wednesday, TikTok, DSA, Thomson Locations: Rights BRUSSELS, Breton
A 3D printed Facebook's new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. The Austrian law, enacted in 2021 and which obliges Big Tech to publish regular reports of illegal content, comes amid mounting concerns worldwide about hateful posts. The three companies, which have their European headquarters in Ireland, say they should only be subject to Irish rules. The Austrian court subsequently sought advice from the Court of Justice of the European Union (CJEU), which sided with the companies. We will study the judgment and continue to invest in the trust and safety of our users across our platforms," a Google spokesperson said.
Persons: Dado Ruvic, TikTok, Thursday's, Foo Yun Chee Organizations: REUTERS, Rights, Google, Austrian, Big Tech, European Union, Digital Services, Justice, Meta, Thomson Locations: Rights LUXEMBOURG, Ireland, Member State
BRUSSELS, Nov 8 (Reuters) - Google’s (GOOGL.O) YouTube and TikTok will be asked by EU industry chief Thierry Breton to provide information on how they comply with new EU online content rules regarding the protection of children, a person with direct knowledge of the matter told Reuters on Wednesday. Breton will send his request to the companies on Friday, the source added. The new EU rules known as the Digital Services Act (DSA) requires Big Tech to do more to fight harmful and illegal online content, especially content that targets minors. The DSA also forces the companies to be more transparent on their algorithmic processes, bots and targeted advertisements that amplify content and do more to tackle illegal, unsafe or counterfeit products sold on their platforms. Reporting by Foo Yun Chee; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
Persons: Thierry Breton, Breton, Foo Yun Chee, Lisa Shumaker Organizations: YouTube, Reuters, EU, Digital Services, Big Tech, DSA, Thomson Locations: BRUSSELS
TikTok's CEO and an X executive met with the European Commission's Věra Jourová on Tuesday. She said they both need to "step up" their efforts to counter hate speech. AdvertisementAdvertisementTikTok and X, formerly Twitter, need to "step up" their efforts countering hate speech, a European Commission vice president said. In posts on X, Jourová said the meetings were constructive but pointed out several areas of improvement, adding that X needs to do more to comply with the Digital Services Act. AdvertisementAdvertisementAs well as illegal hate speech, Jourová raised concerns about the platforms hosting pro-Hamas content in the wake of its attacks on Israel in October.
Persons: Jourová, , Věra Jourová, Shou Zi Chew, Nick Pickles, X's, X, Elon Musk, TikTok Organizations: Service, European Commission, Digital Services, EU, Hamas, Elon Locations: Israel, Gaza, EU, Brussels
British media watchdog Ofcom on Wednesday issued new guidance to technology platforms requiring them to take tougher action against harmful and illegal content. Ofcom is the chief regulator under Britain's Online Safety Act, with powers to enforce the regulation and levy fines against tech companies. Ofcom outlined what it called new codes of practice for digital platforms, which it wants them to follow in order to limit the harmful and toxic content users — particularly children — encounter online. Beyond this, Ofcom also wants online platforms to take a series of steps to combat child sexual exploitation and abuse, fraud, and terrorism. The U.K.'s Online Safety Act has been in the works for the last four years.
Persons: King Charles III, Rocio Concha Organizations: Ofcom, Apple, Microsoft, Britain's, Social, European Union, Digital Services Locations: U.S
Chew will meet Breton on Nov. 6 and Jourova and Reynders on Nov. 7, a TikTok spokesperson said. He will update the commissioners on TikTok's data security regime called Project Clover which started to store European user data locally this year, a TikTok spokesperson said. The company has a data centre in Dublin, Ireland, and is building two more in Ireland and Norway. Breton last month gave TikTok an Oct. 25 deadline to provide information on its crisis response measures. Reporting by Foo Yun Chee; editing by Sudip Kar-Gupta and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Shou Zi Chew, Online Harms, Thierry Breton, Vera Jourova, Didier Reynders, TikTok, Chew, Breton, Foo Yun Chee, Sudip Kar, Gupta, Jason Neely Organizations: Energy, Commerce, Safeguard, Online, Capitol, Breton, Digital Services, Big Tech, Thomson Locations: Washington , U.S, BRUSSELS, EU, Brussels, Israel, Gaza, Reynders, Dublin, Ireland, Norway
Canada optimistic about digital services tax agreement with US
  + stars: | 2023-10-31 | by ( ) www.reuters.com   time to read: +2 min
Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to journalists on Parliament Hill in Ottawa, Ontario, Canada September 19, 2023. REUTERS/Blair Gable Acquire Licensing RightsOTTAWA, Oct 31 (Reuters) - Canadian Finance Minister Chrystia Freeland said on Tuesday she was cautiously optimistic about settling a dispute with the United States about Ottawa's planned digital services tax (DST) on large technology companies. The digital services plan aims to address the challenge of taxing digital giants like Alphabet (GOOGL.O) and Amazon.com (AMZN.O) that can book their profits in low-tax countries. The process of negotiating a global tax deal has dragged on, and it was pushed back further in July to allow for more negotiations. Ottawa says not implementing its DST for another year would put Canada at a disadvantage relative to countries that have been collecting revenue under their pre-existing digital services taxes.
Persons: Finance Chrystia Freeland, Blair Gable, Chrystia Freeland, Freeland, Ismail Shakil, Chris Reese, Jonathan Oatis Organizations: Finance, REUTERS, Rights OTTAWA, Canadian Finance, DST, Thomson Locations: Ottawa , Ontario, Canada, United States, U.S, Washington, Ottawa
casey newtonAnd this caused a big sort of emotional reaction that said, wow, that feels like really, really icky. It’s just really, really awful. How do I get really, really good at this? But we have that explosion at the beginning, which is really, really exciting. I’m still interested in smartphones because I think they’re really, really advanced pieces of tech.
Persons: kevin roose, Kevin Roose, ” casey newton, Casey Newton, ” kevin roose, casey newton Oh, casey newton, ” kevin roose You’re, kevin roose That’s, kevin roose I’m Kevin Russo, Marques Brownlee, a.k.a, We’ve, don’t, casey newton Well, Meta, It’s, casey newton Right, casey newton It’s, kevin roose Totally, I’ve, you’re, Instagram, Snapchat, TikTok, They’re, that’s, kevin roose Casey, Hansel, Gretel, let’s, they’re, casey newton Jewel, , Juul, Meta didn’t, we’ve, “ We’re, There’s, Al Capone, They’ve, , Kevin, casey newton I’ve, casey newton That’s, Marquez Brownlee, Casey, He’s, Marquez, he’s, Elon Musk, Sundar Pichai, you’ll, marquez brownlee, casey newton I’m, You’ve, casey newton Let’s, you’ve, it’s, I’m, he’ll, kevin roose Marquez, PewDiePie, marquez brownlee I’ll, they’ve, Ralph, That’s, kevin roose It’s, you’d, we’re, I’d, casey newton Libraries ! marquez brownlee, everyone’s, Samantha, Davis, Fancy, Bard, DALL, Midjourney, ChatGPT, Bing, who’s, it’ll, OpenAI, Pope, kevin roose Pope, — casey newton, casey newton Ah, Mickey Mouse, Eli Lilly, barbecuing, bro, Fabio, Getty, Greg Rutkowski, kevin roose Really, Greg, there’s, Ben Zhao, casey newton We’re, Bob Ross Organizations: The New York Times, YouTube, Meta, pharma, AGs, Netflix, COPPA, Facebook, Congress, Digital Services, Federal Communications Commission, ABC, CBS, FCC, Samsung, casey newton Libraries, VR, Apple, ChatGPT, Enterprise, DALL, Disney, Twitter, Getty, “ MIT Tech, University of Chicago, Adobe Locations: California, Colorado, what’s, you’re, Europe, United States, China, earbuds
STOCKHOLM, Oct 25 (Reuters) - Amazon (AMZN.O) has more than 181 million users in the European Union and directly employs more than 150,000 people in the region, the company said on Wednesday, in its first store transparency report as required by the EU Digital Services Act (DSA). In August, the Digital Services Act (DSA) imposed new rules on content moderation, user privacy and transparency for platforms and search engines labelled as very large online platforms (VLOP), which were defined as having more than 45 million users in the EU. Amazon has challenged its inclusion in the group, saying it was not the largest retailer in any of the EU countries in which it operates. Germany is by far the biggest market for Amazon store with more than 60 million monthly active users, followed by Italy with 38 million users, according to the report. Amazon also received 8,863 legal requests from EU governments for information about users of its service in the first half of 2023.
Persons: Supantha Mukherjee, Sharon Singleton Organizations: European Union, EU Digital Services, Digital Services, Amazon, Thomson Locations: STOCKHOLM, EU, Germany, Italy, France
Meta to report third-quarter earnings after the bell
  + stars: | 2023-10-25 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +4 min
Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Meta is set to report third-quarter earnings after the bell Wednesday. The company is expected to show growth of 21% in the third quarter after sales increased 11% in the prior period. Meta appears to be the furthest along in terms of improving the effectiveness of its online ad platform following Apple's changes. Meta, X and others must adhere to the DSA by removing illegal content and detailing how they're doing it.
Persons: Mark Zuckerberg, that's, Susan Li, Snap Organizations: Meta, U.S, Senate, Intelligence, Capitol, Washington , D.C, StreetAccount, EU, Digital Services, European Commission, Russia, Reality Labs Locations: Washington ,, U.S, Israel, Ukraine
LONDON (AP) — The European Union on Thursday demanded Meta and TikTok detail their efforts to curb illegal content and disinformation during the Israel-Hamas war, flexing the power of a new law that threatens billions in fines if tech giants fail to do enough to protect users. The commission asked Meta and TikTok to explain the measures they have taken to reduce the risk of spreading and amplifying terrorist and violent content, hate speech and disinformation. It's the prelude to a possible crackdown under the new digital rules, which took effect in August and have made the EU a global leader in reining in Big Tech. The new rules, known as the Digital Services Act, are being put to the test by the Israel-Hamas war. Depending on their responses, Brussels could decide to open formal proceedings against Meta or TikTok and impose fines for “incorrect, incomplete, or misleading information,” the commission said.
Persons: Meta, Elon, Thierry Breton, , ” Breton Organizations: Union, European Commission, Digital Services, DSA, Twitter, Meta Locations: Israel, EU, reining, Big Tech, Brussels
[1/2] EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsBRUSSELS, Oct 19 (Reuters) - Meta (META.O) and TikTok have been given a week by the European Commission to provide details on measures taken to counter the spread of terrorist, violent content and hate speech on their platforms, a week after Elon Musk's X was told to do the same. The Commission can open investigations into the companies if it is not satisfied with their responses. "Meta must provide the requested information to the Commission by 25 October 2023 for questions related to the crisis response and by 8 November 2023 on the protection of the integrity of elections," the Commission said. Writing by Foo Yun Chee Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Elon Musk's X, Foo Yun, Mark Potter Organizations: EU, REUTERS, Rights, European Commission, Digital Services, Thomson Locations: Rights BRUSSELS, Israel
Facebook parent company Meta and Chinese-owned social media app TikTok have both been given a deadline of Oct. 25 by the European Commission to share information on their response to the Israel-Hamas war, which has seen misinformation in the digital sphere spread alongside the physical conflict. The European Commission on Thursday said it is making both requests under the Digital Services Act. A TikTok spokesperson told CNBC the firm had "just heard from the European Commission this morning and our team is currently reviewing the RFI [request for information]." The EU wants to see how Meta and TikTok have looked to keep misinformation about the war off their platforms. Meta and TikTok both have until Oct. 25 to share information related to their response to the crisis in Israel, the commission said.
Persons: Meta, TikTok, Elon Musk's Organizations: Facebook, Meta, European Commission, European, Digital Services, Hamas, Twitter, CNBC, Commission, DSA, EU Locations: Israel
In recent weeks Elon Musk has suggested Twitter could stop being accessible in Europe in order to avoid new regulation enacted by the European Commission. Musk is increasingly frustrated with having to comply with the Digital Services Act, according to a person familiar with the company. This would be similar to the way Meta is currently blocking people in Europe from using its new app Threads. At the time, Musk suggested the platform, still known as Twitter, should shift to operating only in the countries where it was most popular, so the US, the UK, and Japan. On X, Musk seemed to reply sarcastically to a post from Commissioner Breton on X's DSA compliance and insisted he did not understand what was being asked of him.
Persons: Elon Musk, Musk, Thierry Breton, it's, Breton, he's Organizations: European Commission, Digital Services, Twitter, European Union, DSA Locations: Europe, Israel, India, Australia, Africa, South Korea, Japan, Paris, Madrid, Berlin, Dublin, London
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes Acquire Licensing RightsOct 18 (Reuters) - Elon Musk, owner of social media platform X, is considering removing the service formerly called Twitter from Europe in response to a new internet platform regulation in the region, news site Insider reported on Wednesday. The billionaire has discussed removing the app's availability in the region, or blocking users in the European Union from accessing it, a person familiar with the company told the publication. The European Union in August adopted the Digital Services Act (DSA), which sets forth rules for preventing the spread of harmful content, banning or limiting certain user-targeting practices, and sharing some internal data with regulators and associated researchers, among other things. Reporting by Yuvraj Malik in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Elon Musk, Porte, Gonzalo Fuentes, Yuvraj Malik, Devika Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, European Union, Digital Services, Thomson Locations: Paris, France, Europe, Bengaluru
Hamas' social media following has surged since its attacks on Israel began this month. AdvertisementAdvertisementIn the small digital enclave they have left, the engagement on official Hamas social media accounts is booming, with followers skyrocketing and video views through the roof. AdvertisementAdvertisement"Earlier this week, Hamas used Telegram to warn civilians in Ashkelon to leave the area ahead of their missile strikes. Off Telegram, pro-Hamas posts surgeEven on platforms where Hamas doesn't have official accounts, posts that encourage or sympathize with the militant group have risen sharply after Israel declared war on Hamas following Hamas' attacks on October 7. The DSA includes YouTube, Instagram, and Facebook — but not Telegram — among the very large social platforms it subjects to additional security obligations.
Persons: , skyrocketing, Elon Musk's, Pavel Durov, Durov, doesn't, Israel, Meta, Linda Yaccarino Organizations: Service, Facebook, Elon, European Union, Hamas, CNN, Atlantic, Forensic Research, Telegram, Meta, YouTube, Twitter, Representatives, Digital Services, DSA Locations: Israel, United States, Ashkelon, Algerian, Europe, Gaza
But its following has surged on popular messaging app Telegram since its October 7 terror attack on Israel. Hamas is a designated foreign terror organization in the United States, and new internet laws in the European Union mean large social media platforms can face penalties for hosting terroristic content. Hamas’ growing audienceThe Telegram channel for Hamas’ military wing, the al-Qassam Brigades, had about 200,000 followers at the time of the attack. Fishman said while the huge growth in the number of people following Hamas’ Telegram accounts is concerning, it doesn’t mean all the followers are supporters – pointing out that many journalists, researchers and others are likely following the accounts. And that could make it more difficult for plaintiffs to use legal action to force Telegram to remove Hamas content.
Persons: , Brian Fishman, Fishman, Hamas ’, Pavel Durov, Durov, ” Durov, John Bergmayer, Thierry Breton, didn’t Organizations: CNN, Brigades, Google, Hamas, European Union, Hamas ’, Atlantic, Forensic Research, Meta, Capitol, Facebook, Twitter, ISIS, Communications, Republicans, European, Digital Services, European Commission Locations: Israel, United States, European, Russian, Dubai, Russia, Ashkelon, US
“Getting information from social media is likely to lead to you being severely disinformed,” said Ahmed. Everyone from US foreign adversaries to domestic extremists to internet trolls and “engagement farmers” has been exploiting the war on social media for their own personal or political gain, he added. “Bad actors surrounding us have been manipulating, confusing and trying to create deception on social media platforms,” Dan Brahmy, CEO of the Israeli social media threat intelligence firm Cyabra, said Thursday in a video posted to LinkedIn. The dynamic simultaneously highlights the business models of social media and the role the companies play in carefully calibrating their users’ experiences. ‘Be very cautious about sharing’Despite giving the impression of reality and truthfulness, Brookie said, individual stories and combat footage conveyed through social media often lack the broader perspective and context that journalists, research organizations and even social media moderation teams apply to a situation to help achieve a fuller understanding of it.
Persons: , Gazans, Pepe, Imran Ahmed, Ahmed, , Dan Brahmy, , ’ Graham Brookie, Islamophobic, Elon Musk, it’s, ” Imran Ahmed, ” Brian Fishman, ” Linda Yaccarino, “ We’ve, Andy Stone, Snapchat, TikTok, ” Ahmed, ” Brookie, Brookie Organizations: New, New York CNN, CNN, , Twitter, European Union, Facebook, YouTube, Center, LinkedIn, Digital Forensic Research, Atlantic Council, European Commission, European, Digital Services Locations: New York, Israel, Russia, Ukraine, London, Egypt, Islamophobic, Washington ,, United Kingdom, United States
Days after the Israel-Hamas war erupted last weekend, social media platforms like Meta , TikTok and X (formerly Twitter) received a stark warning from a top European regulator to stay vigilant about disinformation and violent posts related to the conflict. In that case, the AGs argued that the Biden administration was overly coercive in its suggestions to social media companies that they remove such posts. In the U.S., "we can't have government officials leaning on social media platforms and telling them, 'You really should be looking at this more closely. Under the DSA, large online platforms must have robust procedures for removing hate speech and disinformation, though they must be balanced against free expression concerns. A series of letters from New York AG Letitia James to several social media sites on Thursday exemplifies how U.S. officials may try to walk that line.
Persons: Thierry Breton, Breton, Elon Musk, Biden, David Greene, they're, Kevin Goldberg, Goldberg, Christoph Schmon, Greene, New York AG Letitia James, James Organizations: Digital Services, Republican, AGs, White, Federal Bureau of, Electronic Frontier Foundation Civil, Freedom, EFF, DSA, New York AG, Google, CNBC, YouTube, EU's, Twitter Locations: Israel, U.S, New, Europe
CNN —The Israel-Hamas war is sending investors in search of defensive assets. Israel declared war on Hamas Sunday after the Palestinian militant group launched a brutal attack that killed at least 1,300 people. But investors have since bought up shares of virtually risk-free government bonds, indicating that Wall Street remains worried. Utilities, energy and real estate stocks have also outperformed the broader S&P 500 index’s roughly 1% gain this week. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms, including the companies Breton addressed this week.
Persons: , George Smith, Bryan Hinmon, Hinmon, hasn’t, TikTok, Shou Zi Chew, Thierry Breton, Brian Fung, Breton, ” Breton, TikTok didn’t, Anna Cooban, ” Russia’s, Andrei Belousov, Read Organizations: CNN Business, Bell, CNN, Stock, Treasury, LPL, Twitter, Meta, Digital Services Locations: Israel, Palestinian, Saudi Arabia, Russia, Ukraine, Chew, Moscow
Sundar Pichai, Chief Executive Officer of Alphabet, gestures as he speaks during a session of the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse Acquire Licensing RightsBRUSSELS, Oct 13 (Reuters) - EU industry chief Thierry Breton on Friday warned Alphabet (GOOGL.O) Chief Executive Officer Sundar Pichai to adhere to EU tech rules after the spread of disinformation on YouTube following Hamas' attacks in Israel, the latest company to be rebuked. False content about the Israel and Hamas conflict has proliferated on the major social media platforms over the past several days. According to Alphabet's YouTube, the company has quickly worked to remove harmful content after Hamas' attack and was prepared to take additional action. It has also rolled out a crisis resource panel in search with information from Israeli authorities for viewers in Israel.
Persons: Sundar Pichai, Denis Balibouse, Thierry Breton, Breton, Pichai, Elon Musk, Mark Zuckerberg, Shou Zi Chew, Foo Yun Chee, Sudip Kar, Gupta, Sheila Dang, Louise Heavens, Diane Craft Organizations: Economic, REUTERS, Rights, YouTube, Twitter, Digital Services, Google, DSA, Thomson Locations: Davos, Switzerland, Rights BRUSSELS, Israel, Dallas
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