The European Union has reached a landmark deal to take aim at hate speech, disinformation and other harmful content online. Tech companies like Facebook and Twitter promised to crack down on disinformation, but the problems have only worsened. The tech giants have been lobbying furiously in Brussels to water down the EU rules. Amazon referred to a blog post from last year that said it welcomed measures that enhance trust in online services. To pay for it, tech companies will be charged a “supervisory fee”, which could be up to 0.1% of their annual global net income, depending on the negotiations.

Source: Irish Examiner April 23, 2022 22:00 UTC