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UK government to consider warning labels for social media sites, BI reports.

UK Secretary of State for Culture, Media and Sport Matt Hancock said the government is weighing the addition of warning labels to social media sites indicating the sites can be harmful, Business Insider reports, citing his address to the Digital, Culture, Media and Sport Committee about fake news. Hancock, who said the government isn't ruling out legislation to deal with fake news, said the government will consider warning labels that would notify social media users of the risks of the sites as part of its internet safety strategy. Publicly-traded companies in the space include Facebook (FB), Twitter (TWTR) and Google (GOOG, GOOGL). [Reference Link]:[http://www.businessinsider.com/matt-hancock-warning-labels-social-media-2018-3?utm_source=feedly&utm_medium=referral&r=UK&IR=T]

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Publication:The Fly
Date:Mar 15, 2018
Words:119
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