The money to protect Europeans from the spread of harmful content comes from the 19 companies identified as very large online platforms, divvied up based upon the number of users they have but not more than 0.05 percent of profits. Or so say Bloomberg sources. Official numbers will be announced in November.
The money to protect Europeans from the spread of harmful content comes from the 19 companies identified as, divvied up based upon the number of users they have but not more than 0.05 percent of profits.
This methodology results in X, formerly known as Twitter, and Amazon not contributing a penny, while Alphabet Inc. and Meta Platforms Inc. together would pay about €31 million — almost three-quarters of the total.
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