Social Media Platforms Held Liable for Financial Scams Under New EU Rules

Social Media Platforms Held Liable for Financial Scams Under New EU Rules

Social media giants including Meta and TikTok will face direct liability for financial scams under a new set of rules agreed to by European Union lawmakers early Thursday. After eight hours of negotiations, the European Parliament and Council struck a deal aimed at strengthening protections against payment fraud and expanding regulatory exposure for major U.S. … Read more