News on Medial

EU prepares major penalties against Elon Musk's X

Economic Times · 12d

European Union regulators are preparing substantial penalties against Elon Musk's social media platform X for violating the Digital Services Act, aimed at curbing illicit content and disinformation. The impending penalties, potentially exceeding $1 billion, may include a fine and demands for product changes. This action could escalate tensions with the U.S. Further investigations into X's content moderation practices are ongoing, with possible additional penalties. The case highlights the EU's commitment to stringent regulation of tech giants.