Tech firms face stiff fines, imprisonment for violent content

Australia passed a new law on April 4, under which social media and web hosting companies could be fined up to 10% of annual global revenues if they fail to remove violent content "expeditiously," Reuters reported. Under the new law, top executives of internet companies including U.S.-based Google L.L.C. and Facebook Inc. could face imprisonment for up to three years if they fail to remove any videos or photographs that show murder, torture or rape from their platforms.

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