Twitter Withdraws from EU's Voluntary Disinformation Code

Twitter has withdrawn from the voluntary European Union's Code of Practice on Disinformation, which could result in fines of up to 6% of annual revenue or even a ban from the platform altogether. The EU's Digital Services Act will make fighting disinformation a legal obligation as of Aug. 25, and Twitter will be required to address harmful content and submit annual risk assessments to the commission as a "very large online platform." Concerns have been raised about Twitter's ability to comply with the EU's rules following massive job cuts, including the exodus of the company's entire Brussels office.