misk@sopuli.xyz to Technology@lemmy.worldEnglish · 2 years agoEU opens formal DSA investigation into X in wake of Israel-Hamas warwww.theverge.comexternal-linkmessage-square5fedilinkarrow-up1124arrow-down17
arrow-up1117arrow-down1external-linkEU opens formal DSA investigation into X in wake of Israel-Hamas warwww.theverge.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 2 years agomessage-square5fedilink
minus-squareHyperreality@kbin.sociallinkfedilinkarrow-up20·2 years agoFor those wondering: The wide-ranging Digital Services Act (DSA) can fine a company up to 6% of its global turnover for violating the rules Based on revenue in 2022, that means Twitter faces a $264 million dollar fine. The DSA isn’t the real danger for twitter. That would be NetzDG. From April, 2023: The law, known colloquially as NetzDG, allows for fines of up to €50 million per case. … Even just in Germany if the BfJ were to act on the 600+ illegal hate speech cases that have already been reported to it that could sum to fines of up to €30 billion for Twitter, based on the maximum penalties set out in the NetzDG law.
For those wondering:
Based on revenue in 2022, that means Twitter faces a $264 million dollar fine.
The DSA isn’t the real danger for twitter. That would be NetzDG. From April, 2023: