Friday, April 26, 2024

EU orders Facebook and Google to prevent consumer scams

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Social media platforms are still a wild, wild west of consumer fraud, with uncountable numbers of scams everywhere. The EU has ordered Facebook, Google and Twitter to put a stop to them or risk facing enforcement action. Its demanding that the social media companies find a way to spot and remove such listings as soon as theyre aware of them and create direct communication lines with watchdogs to discover wrongdoing.
Social media companies need to take more responsibility i…
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