Breaking News

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution PlayStation announces FlexStrike wireless fight stick PlayStation Plus Monthly Games for August 2025 Creative Unveils Stage Pro Compact Soundbar Razer Launches BlackShark V3 Pro

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

U.K. Lawmakers Recommend Closer Control and Harsher Penalties for Tech Companies

U.K. Lawmakers Recommend Closer Control and Harsher Penalties for Tech Companies

Enterprise & IT Feb 18,2019 0

Senior lawmakers in the U.K. recommended the British government take tougher measures to keep technology companies like Facebook in check, adding that companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users’ data and the bullying of smaller firms.

Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the industry, with fines for companies to be calculated based on their revenue.

“Companies like Facebook exercise massive market power which enables them to make money by bullying the smaller technology companies and developers who rely on this platform to reach their customers,” Collins said in a statement Monday. “We also have to accept that our electoral regulations are hopelessly out of date for the internet age.”

In their report, the British lawmakers found that Facebook was “willing” to override its users’ privacy settings so a number of app developers could access their data. They suggest that
U.K.’s election regulator should be given increased power to fine social media companies relative to their annual revenue.

The report also claims that Facebook executives "misled" lawmakers during the investigation or were "deliberately not briefe"” by the company’s leaders about Russian interference in foreign elections. They also found “strong evidence” that oreign state actors influenced the 2016 Brexit vote.

The committee’s reccomendations are legally binding, but could be a guide for drafting new legislation in the U.K.

“We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” said Facebook’s public policy manager, Karim Palant.

He added that Facebook is “not the same company” it was a year ago and had already made substantial changes to its procedures.

Facebook became the focus of the committee’s 18-month inquiry after whistleblower Christopher Wylie alleged that political consultancy Cambridge Analytica had obtained the data of millions of users of the social network.

The British lawmaker also identified major threats to society from the dominance of tech companies such as Google and Twitter.

Tags: facebook
Previous Post
Kuo: 16-inch MacBook Pro, 31-inch 6K display, iPhones Coming in 2019
Next Post
Alliance Ventures Invests in Chinese PowerShare to advance Charging Solutions for Electric Vehicles

Related Posts

  • EU Privacy Watchdog Accused of Delaying Probe Procedures Against Facebook

  • Zuckerberg Says Remote Work is Here to Stay

  • Facebook to Launch New Shopping Feature Across Apps

  • EU Tech Chief Demands More From Facebook Regarding Business Practices

  • Facebook Buys GIPHY as Part of Instagram Team

  • Facebook Works With Telecoms on 2Africa Subsea Cable for Future Internet Connectivity

  • Facebook Reports Increased Number of Removals of Hate speech, Terrorism

  • Facebook Users Accept $550 Million Privacy Deal Over Facebook's “Tag Suggestions”

Latest News

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution
Enterprise & IT

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution

PlayStation announces FlexStrike wireless fight stick
Gaming

PlayStation announces FlexStrike wireless fight stick

PlayStation Plus Monthly Games for August 2025
Gaming

PlayStation Plus Monthly Games for August 2025

Creative Unveils Stage Pro Compact Soundbar
Consumer Electronics

Creative Unveils Stage Pro Compact Soundbar

Razer Launches BlackShark V3 Pro
Consumer Electronics

Razer Launches BlackShark V3 Pro

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed