Tech Firms Face Hefty Fines Under New EU Terror Rules
- EU unveils proposals requiring tech to remove terror content
- Potential laws come despite big strides by tech firms in area
Photographer: Andrew Harrer/Bloomberg
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Alphabet Inc.’s Google, Twitter Inc., Facebook Inc. and other tech firms could be slapped with fines as high as 4 percent of annual revenue if they fail to remove terror propaganda from their sites quickly enough under new European Union legislative proposals unveiled Wednesday.
The European Commission, the bloc’s executive body, proposed new legislation forcing internet companies to wipe Islamic State videos and other terror content from their services within an hour of notification for removal by national authorities. Companies would be fined by national governments in the event of systematic failures to remove content.