Page 29 - Section 230 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Section 230 has been called "the 26 words that created the internet," and lawmakers on both sides of the political aisle are pushing to reform it.

Section 230 is part of the Communications Decency Act, a 1996 law passed while the internet was still embryonic.

Surface the whistle-blower and facebook agree on, which seems crazy, but they agree on you. they both say congress needs to step in. so does the general public. what are you going to do about it? >> that's a very interesting contention from mark zuckerberg who evidently is back from sailing. he's discovered, i think, that they do, in fact, have a big tobacco moment, a moment of reckoning and now he is throwing these vague terms saying they're already transparent. false. that they would regulation. in the abstract maybe. the fact is, stephanie, they have fought tooth and nail against regulation...

With my co-sponsor lindsey graham. it's bipartisan just as the fury yesterday was bipartisan. but facebook spends millions of dollars to hire armies of lobbyists to put ads opposing real regulation. now, i think we are at an inflection point. i don't like the tipping point analogy, but i think the kind of very strong bipartisan support for real reform that we saw yesterday -- i don't minimize the difficulties of achieving legislation and your previous panel was absolutely right. it has to be multifaceted on privacy, on section 230, on stronger oversight. but here is what congress ought to do r...

Maybe not so much the s.e.c. and the ftc. but your overriding point is absolutely right. we do need to take action. there needs to be real reform. it won't be easy, but i've been doing this for 15 years working on section 230, for example. the mere fact that we're talking about it in this space is a major achievement. a year ago no one would know what section 230 is, and by the way, it is the near complete legal immunity, a broad legal field that big tech has against any legal responsibility. >> and it is time for an update. good news for our viewers, senator, s.e.c. chair gensler will be here...