The European Union is taking new measures to deal with deep fakes, fake accounts and source of fake information. The companies which will not follow the updated regulations will face big fines. The social media and technology companies need to submit the key data to their countries according to the new regulation. The companies will tell how much fake data is deleted and blocked. This will help in eradicating the spread of disinformation.
Consequences to fine Meta over fake information remain unknown
Though this voluntary code was introduced in 2018, but it will become a co-regulation scheme very soon. The regulators will tell the thirty signatories their responsibilities. The signatories include many technical and social media companies. It is now the legal responsibility of social media and online IT companies to remove the fake accounts and fake news to keep the society clean. These companies will be requiring tools and partnerships with fact checkers to get help in tracking bogus accounts. According to new regulations the companies need to give their working statements in each and every country they are functioning in. The information just about Europe will not suffice. As Vera Jourova, the EU’s vice president said in a statement: “We know disinformation is different in every country, and the big platforms will now have to provide meaningful data that would allow [us] to understand better the situation on the country level”. Meta, Google, Twitter and TikTok didn’t immediately respond to appeals for comment. Microsoft didn’t even comment. Also Read: Facebook is not Opening Office in Pakistan, says FIA – PhoneWorld
