White House To Empower The FCC To Regulate Social Media Companies

FOX Business Network confirms that the President Trump is considering an Executive Order regarding social media companies. The EO would examine the legal protections that social media companies enjoy. #SocialMedia

— Edward Lawrence (@EdwardLawrence) May 28, 2020

Zero Hedge: "Big Day For Fairness" - White House Plans To Empower FCC To Regulate American Social Media Giants

Update (0850ET): Fox Business has just confirmed that President Trump plans to sign an executive order to implement everything we've discussed below.

Fox reporter Edward Lawrence claims that the order will "examine the legal protections" enjoyed by these companies, suggesting that the administration will also lay out its legal rationale for regulating speech on these platforms in this way.

Read more ....

WNU Editor: This will be the crux of the executive order .... The guidelines will make clear what social media companies can do while retaining the 'liability shield', while also warning how they might lose that protection by being too proactive.

No surprises. My prediction from yesterday still holds.

Update: Facebook's founder Mark Zuckerberg is taking the side of President Trump .... Mark Zuckerberg says social networks should not be fact-checking political speech (CNBC). More here .... "Internet Platforms Aren't Arbiters Of Truth" - Zuckerberg Blasts Twitter For Tagging Trump Tweets As "Misinformation" (Zero Hedge).

Update #2: Facebook's founder Mark Zuckerberg's above remarks are right. Twitter crossed a line when it decided to be the arbiter on what is right or wrong on its platform. It is no longer providing a platform for content, it is deciding what content is valid, and it is doing it by providing its own content to prove its point.

from War News Updates https://ift.tt/3cf6iop