- UK internet watchdog gives social media companies three months to improve safety or face huge fines. Ofcom can issue fines up to $23 million, or 10 percent of a company's global revenue. https://www.engadget.com/big-tech/uk-internet-watchdog-gives-social-media-companies-three-months-to-improve-safety-or-face-huge-fines-130018908.html 9 comments technology