Tech firms face hefty fines under new EU terror rules


BRUSSELS: Alphabet Inc’s Google, Twitter Inc, Facebook Inc and other tech firms could be slapped with fines as high as 4% of annual revenue if they fail to remove terror propaganda from their sites quickly enough under new European Union (EU) legislative proposals.

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.

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