Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that technology companies are likely to change how they moderate online platforms in response to new laws from foreign governments, regardless of whether U.S. lawmakers act to change a U.S. law that has allowed social media platforms to flourish. Smith said that Section 230 of the U.S. Communications Decency Act, which says that tech companies cannot be sued for what users of their online platforms say, was a needed law in the late 1990s when it first passed but that technology companies are now more mature and should have a “new level of responsibility” for what is said on their sites. “The laws around the world are going to change, and because technology is so global, American companies will adopt a new approach even if the United States Congress does nothing,” Smith said, during an interview with Reuters Editor-in-Chief Stephen J. Adler in New York.
source https://finance.yahoo.com/news/tech-companies-wont-wait-u-134608883.html?.tsrc=rss