EU fines X $140 million for breaching online content rules, TikTok settles with concessions

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Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation which will likely draw the U.S. government’s ire.

Rival TikTok staved off a penalty with concessions.

Europe’s crackdown on Big Tech to ensure smaller rivals can compete and consumers have more choice has been criticised by the administration of U.S. President Donald Trump, which says it singles out American companies and censors Americans.

The European…



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EU fines X $140 million for breaching online content rules, TikTok settles with concessions



Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation which will likely draw the U.S. government’s ire.

Rival TikTok staved off a penalty with concessions.

Europe’s crackdown on Big Tech to ensure smaller rivals can compete and consumers have more choice has been criticised by the administration of U.S. President Donald Trump, which says it singles out American companies and censors Americans.

The European…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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