US EditionElon Musk’s platform X faces over $1 billion fine from EU regulators: NYT
- The European Union may impose over $1 billion in penalties against Elon Musk's platform X for violating the Digital Services Act, according to The New York Times.
- An investigation revealed that X abused its verified account system and lacked transparency in advertisements, violating E.U. standards.
- X's Global Government Affairs team stated that the platform has complied with the E.U. regulations and will defend its operations.
- The E.U. is examining whether X's content moderation practices contribute to hate speech and misinformation.
155 Articles
155 Articles
Elon Musk's X faces over USD 1 billion EU fine for digital law violation
As Elon Musk’s social media platform X continues to dominate headlines, the European Union is reportedly preparing to hit it with a historic fine, potentially exceeding USD 1 billion. The penalty, linked to violations of the Digital Services Act (DSA), would mark one of the largest enforcement actions against a tech company under the EU’s tough new digital rules. Massive fine over DSA breach in the works According to The New York Times, the Euro…
“Brussels is threatening Elon Musk’s X platform with a billion-dollar fine under the heading of disinformation. I’ll translate. According to Brussels, freedom of speech is dangerous. They don’t like that X doesn’t censor,” said Balázs Hidvéghi, Parliamentary State Secretary of the Prime Minister’s Office, in a Facebook video on Monday.
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The Commission wants to impose a billion fine on Mr. Tesla. The denial is also not convincing because France's stated objective is to tax the big names on the network. It's a pity that the Union has no alternative services. Within the EU Commission they are convinced that they must show their muscles to Donald Trum...
Now it's going to be expensive for Elon Musk! The EU could soon impose mega-punishments on him.
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