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EU fines Elon Musk’s X 120 million euros for breaching bloc’s social media law

EU fines Elon Musk’s X 120 million euros for breaching bloc’s social media law

Summary

The European Union (EU) fined Elon Musk's social media platform, X, 120 million euros for not following social media rules. The EU found X didn't meet transparency standards set by the Digital Services Act (DSA), which aims to protect users and ensure the removal of harmful content.

Key Facts

  • The EU fined X 120 million euros for violating the Digital Services Act (DSA).
  • This is the first non-compliance decision made under the DSA.
  • The EU's rules require platforms to protect users and remove harmful content.
  • X violated transparency requirements for user verification and ad databases.
  • X's blue checkmarks do not effectively verify account authenticity.
  • The ad database of X has design flaws and delays that hinder research.
  • X reportedly blocks researchers from accessing necessary public data.
  • U.S. officials criticized the EU's action as unfair towards American tech companies.

Source Information