Alphabet Inc’s Google, Facebook Inc, Twitter Inc and other tech and advertising companies have committed to implementing new measures and investing in new technologies to fight the spread of hoax news online in Europe, according to a draft of the agreement.
The group, an ad-hoc alliance that includes Mozilla Corp and advertising business organisations, is set to present its code of conduct on Sept 26 to the European Commission, the bloc’s executive body, some of the companies said. The EU in April called on web platforms and social media firms to present a plan on how to curtail misinformation online or face possible regulation if they fail to do so.