Under the proposed law, companies could be audited and fined if they don’t remove hateful content. The proposals must be approved by French lawmakers, and they could still be amended; French President Emmanuel Macron’s party has a majority. (Wall Street Journal)

Talking point: France is the latest country to try and hold tech giants accountable for the content on their platforms, but it’s taking a less sweeping approach than other nations, like Australia, which passed laws in April making it a crime for companies to host or stream violent content. The tech industry decried those regulations, saying they encourage companies to essentially spy on users and create significant extra costs. The French iteration doesn’t ask companies to be accountable for every post, but rather asks them to generally monitor for potentially illegal content. Facebook is welcoming the less adversarial approach. In a meeting with President Macron shortly after the report’s release, Facebook CEO Mark Zuckerberg said he was “encouraged and optimistic about the regulatory framework that will be put in place.”