Tim Berners-Lee Seeks to Address Privacy Issues, Fake News via ‘Magna Carta for the Web’

Tim Berners-Lee, creator of the World Wide Web, has introduced a new contract that outlines a set of principles for internet companies to protect privacy, advance transparency of their algorithms and address online abuse, The Telegraph reported Monday.

Berners-Lee said at the Web Summit in Lisbon, Portugal, the “Magna Carta for the web” was launched in response to fake news, abuse of personal data and privacy issues.

The World Wide Web Foundation created the new contract, which aims to make internet service affordable for users in third-world countries and advance net neutrality.

Supporters of the contract include Google, Facebook, cybersecurity firm Cloudflare, business magnate Richard Branson, former U.K. Prime Minister Gordon Brown and the French government.

The new contract for the web came a month after Berners-Lee announced plans to launch a new startup that seeks to decentralize the web and provide users control over their data and applications.