The EU on Wednesday tasked tech giants such as Facebook, YouTube and TikTok to do more against disinformation and provide much better access to their algorithms as well as beef up fact-checking. Jourova said that it was time for big tech companies "to stop policing themselves alone and stop allowing to make money on disinformation". Marisa Jimenez Martin, Facebook's director of EU Affairs, said that “the reality is that we think the code works”. The code is one of the many EU workstreams to limit the reach of Big Tech. Those proposals, when approved, will give the EU unprecedented powers on defining how Big Tech can operate and do business in Europe.

Source: The Hindu May 26, 2021 17:15 UTC