“It is no longer acceptable in our view that platforms take some key decisions by themselves alone without any supervision.”
– Prabhat Agarwal, Head of eCommerce Unit, European Commission.
Top Story: The European Commission believes that it is “no longer acceptable” for social media giants to take key decisions on online content removals alone, following the high profile takedowns of US President Trump’s accounts on Facebook and Twitter, the European Commission has said. Read on for more.
Podcast: This week, I delve into the EU Copyright Directive’s transposition in Germany, where things are moving fast and the cabinet is due to adopt a text next week – and yes, that
Couche-Tard seeks to rescue Carrefour bid as objections rise bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A takeover approach for Carrefour by Canada's Alimentation Couche-Tard is raising concerns over jobs and the future management of the French retailer among staff, a Carrefour CFDT union representative said on Friday.
Couche-Tard plans US$3 6B influx into Carrefour to support bid bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(AP Photo/Jeff Chiu, File)
Calling it “existential” may be a bit of a stretch but there are unknowns at play here that could come to represent a potential financial risk to Big Tech in amounts not easy to predict and may force Directors to compel management to rethink their selective application of editorial policies.
Big Tech rests comfortably under the umbrella of legal immunity afforded to it by Section 230 of the Communications Decency Act which has been interpreted to insulate them from nearly all legal claims arising out of their exercise of editorial discretion in moderating user content. The lawsuit between Parler and Amazon Web Services shows that the standard contract provisions obligate the user of Amazon’s hosting services to moderate their customers’ content to standards dictated by Amazon, with the remedy for violation of this provision being the termination of the hosting contract.