The new rules are based on old promises the tech companies made to Europe’s regulators, although recent events show it wasn’t nearly enough.
that the European Commission plans to release new rules on Thursday that will require big tech companies to deal with both deepfakes and fake information on their platforms. The new rules will require companies to hand over information that could help combat falsities online. Fines could be as big as 6% of their global turnover, according to a leaked document from the European Union seen by Reuters reporters.
That could mean a heftytech giants like Meta, Microsoft, and Twitter through the, which is already in the process of becoming law. In a piece of the document provided by reporters, signatories will need to implement “clear policies regarding impermissible manipulative behaviours [sic] and practices on their services.” The new rules are co-regulatory, meaning responsibility is shared between the regulators and the companies themselves.
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