EU set to fine Elon Musk's X up to $1 billion for breaking disinformation law
EU set to fine Elon Musk's X up to $1 billion for breaking disinformation law
The EU is slated to fine Elon Musk's X up to $1 billion for breaking a disinformation law as it hopes to make an example out of the social media platform to deter disinformation on others
Summary
The EU plans to fine Elon Musk’s X over $1 billion for violating the Digital Services Act by failing to control disinformation and illicit content.
This would mark the first major penalty under the new law and could trigger a legal clash with Musk, who vowed to fight in court.
Regulators say the fine aims to deter other platforms. Tensions with the U.S. are rising, as X also faces a broader investigation.
Just ban the whole damn Nazi platform.
EU does not have the balls to do it. Same as Democrats in US.
Sadly, you're right. Although if the the extreme aggression coming from the US government continues, they might actually get prodded into doing something about it eventually.
or is willing to
They could leave it first, but yes.
I would just outright ban all of this Nazis businesses
At this point in time absolutely. Plus a good old tar n feather session wouldn't hurt
It’s worth $33B isn’t it? Go higher please
"Worth" only according to its owner, who paid himself to buy it from himself under a different org. Good luck finding an outside investor willing to spend $30B on it now that it's turned into a hate pool with a shit revenue stream
The last people to evaluate the company under the rules of fiduciary responsibility put the value at $10 billion.
Musk gets away with this because people believe his Ponzi schemes will make them rich. In a first world country he would be in prision for fraud.
That’s not the point. That’s the value at which the deal was made. Fine him more.
Even a small hole can sink a ship
up to $1 billion
It will be much less than a billion.
If a fine can be paid without causing financial strain, then it just becomes part of the cost of doing business.
If you want results, fine him $100 billion.
Also, they should fine him in €
Agreed.
Make it $10 billion. $1 billion is nothing to Elon Musk and X. Fine his Tesla swasticars company too for something.
Block his sites Europe-wide at the ISP level. Make Google and Apple block his apps from the European app stores.
Hit him where it'll really upset him.
This will impact the stock price. Tesla will lose more than the fine in total.
Twitter might as well be 4chan with how heavily I avoid that site now.
Least 4chan creates memes
It's worse. I've never actually avoided 4chan I just don't go there. I actually avoid Twitter and have been for the past few years
Twatter is 4chan gold.
whoa-in-a-disco.meme.png
Start public and decentralized platforms and facist billionaire owned social media will correct in valuation along with its kings
The fascist isnt censoring peoples speech by force of the government, is that an oxymoron?
I cant wait until right leaning leaders get these powers next, thats going to be exciting.
I’m American I’m talking to Europeans and Canadians about how to avoid this situation before it’s too late….but also hoping it’s still a possibility that we can take some power back in the us as well. Gotta have some hope
"EU set to...", "EU plans to...", do something already for fuck sake!
There's a legal process that they have to get right, the investigation only started last year.
I see, thank you for the clarification.
Maybe add 20% tariffs to that
Do it motherfuckers, I dare ya!
Finally, I've been waiting for this.
Good, make Musk lose as much money as possible
let's see it.
Only a matter of time until this guy buys Reddit.
I call it in 2026. So glad I’m out of that place.
Let's goooooooo
Just block them completely
Fines should be $1 billion or more. What fines currently are discourage no one.
Make it 44 billion.
Make it per day and he might actually care.
... Doubling every day...
"Up to", in the context of fining non-private entities, usually means the minimum possible (so probably like 50€) and a "next time it's double!"
I'll believe it when Musk's check is in their bank and has cleared for payment.
Charge him with 500 counts, and bankrupt him.
just another 349 to go let's go.