[kictanet] Facebook needs regulation as Zuckerberg 'fails' - UK MPs

[Victor Kapiyo]

Facebook needs far stricter regulation, with tough and urgent action
necessary to end the spread of disinformation on its platform, UK MPs have
said. A Commons committee has concluded that the firm's founder Mark
Zuckerberg failed to show "leadership or personal responsibility" over fake
news.

Facebook welcomed the digital select committee's report and said it would
be open to "meaningful regulation".

The Parliamentary report called for:
- a compulsory code of ethics for tech companies, overseen by an
independent regulator
- the regulator to be given powers to launch legal action if companies
breach the code
- the government to reform current electoral laws and rules on overseas
involvement in UK elections
social media companies to be forced to take down known sources of harmful
content, including proven sources of disinformation
- tech companies operating in the UK to be taxed to help fund the work for
the Information Commissioner's Office and any new regulator set up to
oversee them.

Read more:

http://www.bbc.co.uk/news/technology-47255380
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