European regulators launch investigation into Mark Zuckerberg's Meta over concerns of misinformation and foreign interference on Facebook, Instagram, and Whatsapp ahead of EU elections. EU demands Meta to bolster safeguards against misleading ads, deepfakes, and deceptive content. The investigation highlights the EU's firm stance on content moderation failures by big tech.
Key Points
European regulators are invoking the Digital Services Act to scrutinize and penalize major tech platforms
Meta is facing scrutiny over deficiencies in content moderation systems to identify and remove harmful content
EU demands greater transparency from Meta on how political content propagates on its platforms
Pros
EU regulators are taking action to address concerns of misinformation and foreign interference on social media platforms
The investigation aims to ensure the integrity of the upcoming European Parliament elections
Cons
Potential fines of up to six percent of a company's global revenue for violators
Meta may need to implement more aggressive measures to combat malicious actors on its platforms