Elon Musk’s X hit with $140 million fine in Europe

Share via:



The European Union fined X, the social platform owned by Elon Musk, $140 million Friday for violating one of the bloc’s major laws targeting the technology industry. The case has been seen as a test of European officials’ willingness to aggressively regulate tech companies at the risk of antagonizing the Trump administration.

X is the first company to be fined under the EU’s Digital Services Act, a law intended to force large internet companies to protect their platforms against manipulation and illicit content. The Trump administration has criticized…



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

Elon Musk’s X hit with $140 million fine in Europe



The European Union fined X, the social platform owned by Elon Musk, $140 million Friday for violating one of the bloc’s major laws targeting the technology industry. The case has been seen as a test of European officials’ willingness to aggressively regulate tech companies at the risk of antagonizing the Trump administration.

X is the first company to be fined under the EU’s Digital Services Act, a law intended to force large internet companies to protect their platforms against manipulation and illicit content. The Trump administration has criticized…



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

Peak XV backs Indian wealthtech firm PowerUp Money in...

Founded in 2024 by Prateek Jindal, PowerUp Money...

The UK, Ireland, New Zealand, and Australia Stand Out...

New Delhi , December 22: Choosing where to study...

The UK, Ireland, New Zealand, and Australia Stand Out...

New Delhi , December 22: Choosing where to study...

Popular