Proposed Australian Laws Suggest Imposing Fines of Up to 5 Percent of Annual Turnover on Tech Giants
Tech giants could potentially face significant fines for their failure to address disinformation under proposed Australian laws. These laws, introduced by a government watchdog, aim to establish mandatory standards in the largely unregulated sector. Platforms like Facebook, Google, Twitter, TikTok, and podcasting services may be penalized up to five percent of their annual global turnover, …