(Bloomberg) — What’s buzzing on social media this morning:
A magnitude 3.6 earthquake rattled the Bay Area early on Saturday, with people reporting buildings and homes shaking from San Francisco to as far south as Santa Cruz, according to the US Geological Survey. The quake was centered in the East Bay city of El Cerrito, according to the USGS. Earthquakes do not usually cause damage until a magnitude above 4 or 5, the agency’s website said.
The chief investment officer at Peconic Partners, Bill Harnisch, predicts ongoing pricing pressures in 2023, dashing hopes for a pivot by the Federal Reserve, with the tighter monetary policy keeping S&P 500 mostly stagnant. Harnisch scored a 29% return this year at a time when many stock pickers have failed to deliver.
Lionel Messi, considered by some the greatest soccer player in the history of the game, will make his last World Cup appearance on Sunday when Argentina takes on defending champion France in Qatar.
Meanwhile, a cold virus is circulating through the France squad ahead of the final, affecting at least three players in the squad, the Associated Press reports.
There was another major announcement — but really, this time.
Elon Musk Warned About Incoming EU Social-Media Law – The Wall Street Journal
BRUSSELS—A top European Union official told
on Tuesday that Twitter Inc. will have to do more over the coming months to prepare for the bloc’s new social-media regulations.
the EU’s commissioner for the internal market, told Mr. Musk during a video call that there were only a few months left before major online platforms like Twitter will have to be fully compliant with the Digital Services Act. Mr. Musk has previously said that he intends to comply with the EU’s new rules.
“The next few months will be crucial to transform commitments into reality,” Mr. Breton said, according to a summary of the call provided by his office. “We need to see progress towards full compliance with the DSA. My team will follow closely the work by Twitter and by all other online platforms.”
The call with Mr. Musk was constructive and delved further into details than previous meetings, an aide to Mr. Breton said. The aide said the conversation lasted more than an hour.
The European Commission, which is responsible for enforcing the DSA, expects to conduct what it referred to as a stress test on Twitter in the coming weeks, according to the summary of the call. Such a test might involve a meeting between Twitter and commission officials to look in detail at which elements of Twitter’s practices are compliant, or not, with the new legislation, the aide to Mr. Breton said.
Following Tuesday’s discussion with Mr. Breton, Mr. Musk wrote on Twitter that the EU’s “goals of transparency, accountability & accuracy of information are aligned with ours.” He also said the company’s crowdsourced fact-checking feature, called Community Notes, would be “transformational” when it comes to ensuring accurate information.
Messrs. Musk and Breton have held similar conversations in the past. Last fall, Mr. Breton said he informed Mr. Musk that Twitter would need to make significant changes to comply with the new EU legislation. The DSA will require major social-media platforms and search engines, including Twitter, to swiftly address illegal content and conduct regular risk assessments beginning later this year.
The law carries hefty fines for noncompliance and the potential to block a platform’s services in case of certain repeated infringements.
Officials in Europe raised questions last year about how Twitter could comply with the new EU law after widespread layoffs and departures left the company’s Brussels office empty and thinned the ranks of staffers responsible for content moderation.
The DSA’s requirements for large social-media companies include maintaining systems for taking down content that European national governments consider to be illegal and providing users with tools to appeal if they believe material they posted was removed unfairly. It also requires regular outside audits.
Mr. Musk has said Twitter should comply with local laws but generally not take steps beyond that in moderating online content.
that were previously suspended because of the content they had posted.
—Sam Schechner contributed to this article.
Write to Kim Mackrael at firstname.lastname@example.org
We Are Misusing Social Media – WSJ – The Wall Street Journal
There is a glaring omission in Suzanne Nossel’s list of possible solutions for the dilemmas caused by social-media use (“There’s No Quick Fix for Social Media,” Review, Jan. 21). Rather than depending on lawmakers or platforms to change, media-literacy education has been shown to help people understand how they use these platforms and how the platforms use them. Critical analysis of the algorithms and economic structures can help citizens become active, empowered users rather than victims of harassment and disinformation. These conversations should happen in classrooms and at kitchen tables. We may not be able to outlaw social-media platforms, but media literacy can help us outsmart them.
Might part of the issue be that people now go to church, seek information about knitting, form groups and seek pornography all from the same place? Imagine trying to set unified governing rules for a church, a group of grandmas, the Federalist Society and an explicit-video store. That is what Meta, Reddit and the like have become. Perhaps we need more competition in the name of specialty community platforms.
Seychelles media guide
Media pluralism, diversity of opinion and the capacity to tackle major issues have been developing in Seychelles media over the past decade or so.
Since the introduction of the multiparty politics, the practice of self-censorship has slowly dissipated. Reporters Without Borders (RSF) says that state-owned media outlets no longer shy away from criticising the government or from reporting on corruption.
In October 2021, the national assembly decriminalized defamation.
BBC World Service (106.2 MHz) and Radio France Internationale are available on FM.
There were 71,000 internet users by December 2021, comprising 72% of the population (Worldinternetstats.com).
- SBC TV – state-run, operated by Seychelles Broadcasting Corporation (SBC)
- TéléSesel – launched in 2017, is the country’s sole private network
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