New bill will pressure Twitter, TikTok and other social media platforms to enhance transparency by sharing internal information

New bill will pressure Twitter, TikTok and other social media platforms to enhance transparency by sharing internal information


A bipartisan group of senators released a bill on Wednesday aimed at rising transparency for Twitter, Fb and other social media companies as lawmakers discussion whether or not to ban TikTok.

The System Accountability and Transparency Act is supposed to make the companies’ inner facts much more available to the community by necessitating the submission of important details to unbiased researchers. The monthly bill is sponsored by Sens. Chris Coons, D-Del., chair of the Judiciary Subcommittee on Privacy, Technological know-how, and the Law Rob Portman, R-Ohio, ranking member of the Senate Homeland Security and Governmental Affairs Committee Amy Klobuchar, D-Minn. and Invoice Cassidy, R-La.

similar investing information

Meta is a 'top recession stock' for 2023, analysts say, after shares tanked 65% this year

CNBC Pro

Less than the proposal, social media providers would be compelled to present inside, privacy-protected details to scientists who’ve been authorized by the Nationwide Science Foundation, an independent agency. The invoice safeguards researchers from authorized liabilities connected with computerized details selection if sure privateness safeguards are adopted.

Some written content, this sort of as in depth ad libraries, articles moderation stats, viral content information and a platform’s ranking and suggestion algorithms would be designed available to scientists or the public on an ongoing foundation, in accordance to the bill.

The Federal Trade Fee would implement the new plan, and providers that are unsuccessful to comply possibility a likely decline of immunity below Area 230 of the Communications Decency Act, which usually shields them versus libel for information posted by customers.

In a statement, Coons said the invoice will address a “harmful absence of transparency about how these platforms impression our young children, families, society, or countrywide protection” and support to answer concerns about threats to national protection and potentially dangerous articles.

Previously this month, lawmakers floated a bill to ban the common social media system TikTok in the U.S. right after decades of speculation about the Chinese government’s impact on ByteDance, the China-based mostly business that owns TikTok.

On Tuesday, federal legislation enforcement issued a general public basic safety notify on the rise of “sexortion,” the on-line extortion of minors for sexually specific imagery.

“I have a quantity of concerns about Massive Tech — from facilitating intercourse trafficking to burying material about the origins of Covid-19 — and I want to make certain that any response by Congress is effective in addressing individuals concerns,” Portman claimed in a assertion.

Coons also pointed to Twitter, which was recently taken over by Tesla CEO Elon Musk, as a “cautionary tale” of how a social media company’s transparency plan can transform with small notice and couple of safeguards.

“Twitter was the a person platform that was somewhat transparent and experienced designed some investments and endeavours all-around guardrails and accountability and some transparency close to its metrics,” Coons mentioned, according to The Washington Article. “All of that has been blown up by the change in possession.”



Source

Appeals court keeps order blocking Trump administration from indiscriminate immigration sweeps
Politics

Appeals court keeps order blocking Trump administration from indiscriminate immigration sweeps

A federal appeals court ruled Friday night to uphold a lower court’s temporary order blocking the Trump administration from conducting indiscriminate immigration stops and arrests in Southern California. A three-judge panel of the Ninth U.S. Circuit Court of Appeals held a hearing Monday afternoon at which the federal government asked the court to overturn a […]

Read More
Trump ‘soft, weak and afraid’ in firing labor statistics chief McEntarfer: Wyden
Politics

Trump ‘soft, weak and afraid’ in firing labor statistics chief McEntarfer: Wyden

The top Democrat on the Senate Finance Committee called President Donald Trump’s firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday “the act of somebody who is soft, weak and afraid to own up to the reality of the damage his chaos is inflicting on our economy.” “Bottom line, Trump wants to cook […]

Read More
Texas researcher faces deportation after being held for a week at San Francisco airport
Politics

Texas researcher faces deportation after being held for a week at San Francisco airport

Travelers outside San Francisco International Airport (SFO) in San Francisco, California, US, on Friday, May 23, 2025. David Paul Morris | Bloomberg | Getty Images A researcher at Texas A&M University flying home from abroad was detained for more than a week by immigration authorities at the San Francisco International Airport, sleeping in a chair and living […]

Read More