FIRST AIRED: April 13, 2018

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COMING UP:Share Opener Variant 1

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Transcript

00:00:00
>> The European Union is writing up a to do list for tech giants like Facebook and Google to fight fake news. A draft seen by Reuters demands they improve scrutiny of advertising, design online tools with fighting disinformation in mind. And prevent the unauthorized use of user's data by third parties.
00:00:18
After the Cambridge Analytica scandal engulfed Facebook. Leaving its CEO, Mark Zuckerberg, to face a grilling by US lawmakers this week and knocking its share price.>> Or to spread misinformation.>> Facebook, the world's largest social network, is already trying to clean up its act. Stepping up fact checking and working on providing more context to online content.
00:00:40
Tech companies are under pressure for failing to remove misleading stories. And prevent incitement to hatred, extremism, and the sale of fake products. The EU plans to draw up a code of conduct by July. It wants companies to act by the end of the year, and if they won't act voluntarily, Brussels may regulate to force them into action.