X faces $140 million fine over violations of EU tech law
NegativeU.S News
- The European Union has imposed a $140 million fine on Elon Musk's social media platform X for violating the Digital Services Act, marking the first enforcement of this legislation against a company. The European Commission accused X of misleading users about its blue checkmark verification system and transparency practices.
- This significant penalty highlights the EU's commitment to enforcing its tech regulations and signals a potential shift in how social media platforms operate within the bloc. For Musk and X, this fine could impact their reputation and financial standing in a competitive market.
- The fine comes amid ongoing scrutiny of social media platforms regarding their role in political polarization and misinformation. Recent studies suggest that minor changes in content algorithms can exacerbate political divides, raising questions about the responsibility of platforms like X in managing user engagement and content transparency.
— via World Pulse Now AI Editorial System
