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Musk’s Social Network Threatens Millionaire Fine

Controversy follows Elon Musk wherever he goes. Visiting Portugal, where he landed this Friday on one of his private jets in the company of some of his 12 children, the multimillionaire has once again found himself in the sights of the European Commission thanks to the social network X, of which he is the owner.

Musk’s company is about to receive a formal warning from the European regulator for its failure to combat dangerous content, Bloomberg reported, marking the third major action against major tech companies in recent weeks. The punishment could include fines of up to 6% of X’s global revenue, or several thousand euros.

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Last December, European Union regulators launched investigations into several social media platforms — X, Facebook and TikTok — following the October 7 Hamas attacks in Israel, focusing on content policing on each platform. The warning from Elon Musk’s social network came as the EU’s new digital laws, the Digital Services Act (DSA) and the Digital Markets Act (DMA), are being strictly enforced. The former, which came into force last August, sets rules forcing platforms to combat false information and dangerous content. The DMA, which has been in force since March, aims to prevent abuses by tech giants and prevent monopolies.

Author: Levi Felipe Marquez This Sonia Diaz
Source: CM Jornal

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