Germany may fine Facebook per fake news item

• Germany is considering imposing a legal regime that would allow fining social networks such as Facebook (NASDAQ:FB) up to €500,000 for each day the platform leaves a "fake news" story up without deleting it.
• The law would force the social networks to create offices focused on responding to takedown demands and would also make these networks responsible for compensation if a post by individual users were found to slander someone.