From PC Magazine: Under new rules approved by the German parliament on Friday, social media companies will face fines of up to 50 million euros ($57 million) if they fail to remove illegal hate speech from their platforms within 24 hours.
The new hate speech rules will take effect in October, Reuters reports. They require Facebook, Twitter, Google, and other companies to delete or block obviously criminal content within 24 hours. Less clear-cut cases involving ambiguous content must be resolved within seven days.
The rules apply to social media sites with more than 2 million users in Germany, according to the New York Times. In addition to a maximum penalty of $57 million for violations, a violating company's chief representative in Germany will also face fines of up to 5 million euros ($5.7 million).
Facebook criticized the new German law as ineffective. "This law as it stands now will not improve efforts to tackle this important societal problem," a spokesman tells Reuters.
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