COMECON MEDIA

Despite its criticism, the EU Commission does business with Facebook as the following EU Commission answer to MEPs demonstrate:
EU Commission Answer - Commission spending on online advertising on Facebook - P-002713/2018Commission response
20 July 2018
P-002713/2018

Answer given by President Juncker on behalf of the European Commission

The Commission considers that Facebook, like other social media, offers a cost-effective means of reaching substantial parts of the EU population(1).

Like many other international organisations and public bodies, the Commission has boosted Facebook posts on Commission pages around key communication moments, notably for the roll-out(2) of corporate communication campaigns.

Examples of these campaigns include the Investment Plan for Europe(3) and the 60th anniversary of the EU. The outreach on the Investment Plan for Europe, for example, has contributed to very positive results so far by showing citizens the tangible benefits of EU funding and EU supported inv…

Source: EP  - Committee on the Internal Market and Consumer Protection

The paper on "Technology as Enabler of Fake News and a Potential Tool to Combat It" investigates the role of technology in the circulation of the so-called fake news. The paper on "The legal framework to address “fake news”: possible policy actions at the EU level" argues that the current policy initiatives adopted by the European Commission are meaningful, but still incomplete. These documents were prepared for Policy Department A at the request of the IMCO Committee.

Further information
In-depth analysis: Technology as Enabler of Fake News and a Potential Tool to Combat ItIn-depth analysis: The legal framework to address “fake news”: possible policy actions at the EU levelSource : © European Union, 2018 - EP

VISIT WEBSITE

Source: EU Commission - Link The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Thomson Reuters Financial and Risk Business (“Thomson Reuters F&R”) by the Blackstone Group, both of the US.  Thomson Reuters F&R is a data and financial technology business that provides information and data analytics, enables financial transactions and connects communities of trading, investment, financial, corporate, strategy, treasure and risk professionals. Blackstone is a global asset manager and provider of financial advisory services.  Blackstone, through its portfolio company Ipreo, and Thomson Reuters F&R both provide financial information products to financial market professionals, including real-time and non-real-time data services. The transaction gives rise to a number of horizontal and vertical overlaps between the companies' activities.  Following its market investigation, the Commission concluded that the proposed transact…

I've just checked on this BBC website, which professions and functions are threatened to be replaced by robots. The good news is: Journalists are not an endangered species:

The working group of the multi-stakeholder forum on online disinformation has delivered a draft Code of Practice to tackle online disinformation. The working group is composed of online platforms, leading social networks, advertisers and the advertising industry. A final code of practice is expected in September.

Source - EU Commission: VISIT WEBSITE

The draft Code of Practice and its annex map out the Commission's objectives outlined in the Communication "Tackling online Disinformation", and should lead to a measurable reduction of online disinformation by addressing the following five main areas:
Improving the scrutiny of ad placements to demonetize purveyors of disinformation;Ensuring transparency of political advertising and issue-based advertising to enable users to identify promoted content;Ensuring the integrity of platforms' services including by identifying and closing fake accounts and using appropriate mechanisms to signal bot-driven interactions;Making it ea…