Connect with us

Tech

EU sets out its new Twitter rules

Published

on

A clash may be brewing between Twitter’s new owner Elon Musk and the European Union

EU officials warning that the site could be blocked, if it doesn’t make a commitment to moderate its content.

According to the Financial Times, Breton said Twitter needed to make a number of changes to meet the DSA’s requirements.

It wants Twitter to “aggressively” tackle disinformation, submit to an audit and provide clear criteria about which users are at risk of being banned.

The EU also wants Twitter to carefully consider how it lifts bans in the future.

Breton posted a full “DSA Checklist,” via his Mastodon account, containing the rules he said Twitter will need to abide by.

Failing to comply with the DSA can result in an EU-wide ban or fines of up to 6 percent of global turnover when it comes into force, which Politico reports may not happen until early 2024.

https://twitter.com/ThierryBreton/status/1598015892457426944?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1598015892457426944%7Ctwgr%5Eb30fe3165675290df0ac78ead667cddf79e2f9da%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.theverge.com%2F2022%2F12%2F1%2F23487746%2Ftwitter-digital-services-act-elon-musk-takeover-thierry-breton

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

Business

TikTok could be banned in the United States

Published

on

TikTok in the firing line after Chinese balloon was shot down

 
China has hit back at the U.S. after officials shot down a suspected Chinese spy balloon off the coast of South Carolina.

Washington says it was being used to monitor strategic sites.

But Beijing rejects this – claiming the balloon was a civilian airship used to monitor the weather.

The incident is just the latest in a long line of diplomatic disputes between the two countries.

Now, TikTok could be banned in the U.S. in the wake of the incident.

Republicans are now pushing for Washington to distance itself from the Beijing-based app. #trending #featured

Continue Reading

Business

Companies to pay extra for verified Twitter accounts

Published

on

Elon Musk has announced that companies and brands will have to pay $1,000 per month – plus an additional $50 per sub-account – to get verified check-marks on Twitter

The new pricing falls under the new Twitter Blue for Business service.

Within the next few months, only paying Twitter customers will have verified status.

Twitter has stacked on $12.5 billion in debt, and this move hopes to increase subscription revenue to meet Musk’s obligations.

Advertisers halted spending on Twitter after the takeover, but Twitter has since announced partnerships with two brand-safety vendors to win back marketers.

Musk also announced that Twitter would start sharing ad revenue with creators for “ads that appear in their reply threads”, but didn’t provide further detail.

Continue Reading

Business

BMW to invest €800 million in Mexico

Published

on

BMW is set to invest €800 million in Mexico, to produce its next generation of high-voltage and fully electric batteries

 
The carmaker is looking to convert more than half of its sales into all-electric cars by 2030.

Construction will begin next year with production beginning in 2027.

The announcement follows several other major expansions from the automaker in recent months, including a $1.7 billion investment in the United States.

The move will add around 1,000 new jobs to its Mexico operations.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2023 The Ticker Company PTY LTD