-
Stocks move lower despite oil prices dropping
-
Brazil's patron saint pulled into latest election scrap
-
AI driving up innovation investment: UN
-
Football overload leaves players near 'breaking point', warns Tebas
-
UN Security Council extends Haiti mission by 6 months
-
Paris Eiffel Tower says chief to step down after uproar over removing women staff
-
Man Utd do not deserve medals if Man City stripped of titles: Rooney
-
Amaze Holdings (NYSE: AMZE) Executes Binding LOI to Acquire BullionFX | Alchemy, a Decentralized Gold-Backed Financial Ecosystem for Valued at US$155 Million
-
Vana Completes Expanded Staking as Part of the Vega Upgrade, Publishes Expanded VANA Token Economics
-
Clashes between French teens, police as school blockades intensify
-
Spain to cap gas price hikes, extend fuel discounts
-
Stocks move sideways despite oil moving lower
-
'We just need rain': Germany's Rhine river hits new low
-
African leaders to gather in Egypt for business summit
-
Yemen health system at 'breaking point': WHO
-
UK decides against charging foreign visitors for museums
-
Ireland undecided on second Israel match: coach
-
Dallaglio to sell England World Cup winners' medal
-
France's Le Pen defiant after top ally hit by antisemitism claims
-
Brazil come from behind to beat Australia 4-2 in friendly
-
Tom Cruise trades stunts for satire as toxic tycoon 'Digger'
-
Ruthless An retains Asian Games badminton crown as Kunlavut triumphs
-
MEXC Unveils "WE SEE YOU" Brand Visual Refresh, Putting People Behind Every Trade in Focus
-
Alonso to stay with F1 team Aston Martin in 2027
-
Thai capital cleans up after deadly floods
-
China badminton 'still strong' despite Asian Games slump
-
NATO, EU allies rally to Estonia after 'sabotage' blamed on Russia
-
'Exceptional' Turner painting shown in Rome before sale
-
Families demand justice for Cameroon's 'nightmare' wave of murdered women
-
European stocks climb as oil dips
-
Tebas says Man City should face 'most severe' sanctions if guilty of rule breaches
-
Spain aims to ban evictions until 2030 amid housing protests
-
Pochettino calls Man City success 'a period of deception'
-
Kunlavut first Thai man to win Asian Games badminton singles gold
-
Settler attack on West Bank village injures Israeli forces, drawing rare rebuke
-
French far right says antisemitism claims part of 'total war' to derail presidency bid
-
Mystery over UK airbase scare after reports no explosives found
-
'Gift from God': Rain brings relief from Indonesia toxic haze
-
Spanish govt races to adopt housing law under protest pressure
-
Ex-world snooker champion jailed for 7 years for child sex crimes
-
Estonia slams Russian 'sabotage' after arson attack on defence company
-
French teens clash with police as school blockades intensify
-
Slovenia sees surge in '.si' sites after Trump hypes 'super intelligence'
-
FIFA accuses UEFA of 'misinformation campaign' in bid for World Cup papers
-
'Like a dream' for An as Games organisers 'sorry' for latest mix-up
-
Myanmar airstrike toll hits 50 as families gather dead
-
Tokyo suffers longest streak of rainy days on record
-
STARTRADER Raises Lloyd's of London Client Fund Insurance to USD 30 Million in Aggregate
-
Indonesia charges train driver over crash that killed 16 women
-
North Korean DMZ landmine blasts 'violation of armistice': Seoul
EU designates TikTok, other online platforms for stricter rules
The European Union on Tuesday designated 19 online platforms, including Instagram, TikTok and Twitter, as having user numbers so big they will come under stricter regulatory rules for content.
The list -- on which services from Amazon, Google, Meta, Instagram and Microsoft also feature -- all have more than 45 million monthly active users.
That puts them in a category under a new EU law, known as the Digital Services Act (DSA), imposing measures from August such as annual audits and a duty to effectively counter disinformation and hate content.
In four months' time, "these platforms and search engines will not be able to act as if they were 'too big to care'," Thierry Breton, the EU's internal market commissioner, said in a statement.
"This new supervision system will cast a wide and tight net and catch all points of failure in a platform's compliance," he added.
Platforms meeting the 45-million-plus threshold include Twitter, owned by US billionaire Elon Musk; Alphabet's Google Search, Google Maps, Google Shopping and Google Play units as well as its YouTube subsidiary; and Meta's Facebook and Instagram.
Others are Microsoft's LinkedIn, Apple's iOS App Store, online encyclopedia Wikipedia, messaging app Snapchat and creative image website Pinterest.
Under the DSA, they are categorised as a "Very Large Online Platform" (VLOP) or a "Very Large Online Search Engine" (VLOSE).
Most of the companies on the list are US-based, but Chinese-owned platforms TikTok and e-commerce site AliExpress also feature.
The commission also listed German online fashion retailer Zalando.
- Huge fines -
Breton told journalists on Tuesday his team will hold "stress tests" to check Twitter's compliance readiness "at the end of June".
He added that TikTok had also expressed an interest in cooperating to ensure compliance.
Tuesday's announcement follows a deadline in February for online companies to publish user figures in Europe.
The DSA has a wide range of objectives, including forcing platforms to better protect children, strengthen transparency around digital services, prohibit the sale online of unsafe goods and allow users to have greater choice when online in the EU.
The rules allow the EU to impose fines of up to six percent of the platforms' annual global sales for repeated infringements.
By August 25, 2023 the 19 platforms must have an independent compliance system in place and give their first annual risk assessment to the European Commission, including how they plan to handle content on mental health and gender-based violence.
There will then be an independent audit and oversight by the commission.
Commission vice president Margrethe Vestager said the designations were a "huge step forward" for the DSA to bring "meaningful transparency and accountability of platforms and search engines and give consumers more control".
Online platforms declaring themselves below the 45-million user threshold include Swedish music-streaming site Spotify, US dating app Tinder and home-rental platform Airbnb.
Breton said "four to five" more platforms could be added to the list "in the coming weeks" but refused to name which ones.
The DSA is one of two major laws the EU passed last year to rein in digital platforms to protect EU users.
The special obligations for very large platforms are in addition to the DSA rules that will apply to all from February 17, 2024.
The second law, the Digital Markets Act, prohibits anti-competitive behaviour by so-called "gatekeepers" of the internet.
E.Paulino--PC