EU says it is probing corporate structure of Musk’s X months after xAI deal

Share via:


The European Union said on Thursday it was seeking more information from Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal.

“We are following closely changes in the corporate structure of X, as we would changes in any other designated platform,” a spokesperson for the European Commission, the EU’s executive arm, said.

However, the spokesperson did not confirm an earlier report from Bloomberg News that said regulators were evaluating potential fines on X under the



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.

Popular

More Like this

EU says it is probing corporate structure of Musk’s X months after xAI deal


The European Union said on Thursday it was seeking more information from Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal.

“We are following closely changes in the corporate structure of X, as we would changes in any other designated platform,” a spokesperson for the European Commission, the EU’s executive arm, said.

However, the spokesperson did not confirm an earlier report from Bloomberg News that said regulators were evaluating potential fines on X under the



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Oakley x Meta smart glasses: 8h battery life, better...

Meta’s smart glasses experiment is moving into its...

Krutrim Buys BharatSah’AI’yak To Expand AI Footprint Across Public...

SUMMARY AI startup Krutrim has acquired BharatSah’AI’yak a platform...

Accenture bookings drop eclipses upbeat revenue, unveils AI-focused revamp

Accenture reported a second straight drop in quarterly...

Popular

Upcoming Events

ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo