This file photo taken on November 21, 2016 shows Facebook logos pictured on the screens of a smartphone (R), and a laptop computer, in central London. AFP / Justin TALLIS
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Top officials in Germany's ruling coalition said Friday they planned legislation to crack down on "hate speech" and fake news on Facebook and other social media platforms, and impose stiff penalties if such messages were not quickly removed.Facebook Inc FB.O said on Thursday it would take measures to prevent fake news spreading on its platform.The statement suggested the ruling coalition was not altogether convinced by the steps announced by Facebook.Thomas Oppermann, who heads the Social Democrats in parliament, told Der Spiegel magazine Facebook could face fines of up to 500,000 euros if they did not remove fake news and other inappropriate messages within 24 hours.
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