EU to Target Meta, Google, Twitter Over Deepfakes, Report Says
Companies that fail to adhere to the updated regulation could reportedly face hefty fines. The voluntary code was first introduced in 2018, but will become a co-regulation scheme, according to Reuters. Both regulators and signatories will reportedly share responsibility. Companies that break the code could reportedly face fines of up to 6% of their global revenue. Jourova added that Russian propaganda following thewar in Ukraineshaped the updated anti-disinformation code. Meta, Google, Twitter, TikTok and the European Commission didn’t immediately respond to requests for comment....