The European Commission said it will “make sure” it receives money owed by Elon Musk’s X after the company was fined €120 million for failing to meet transparency rules.
The Commission on Friday said X has breached transparency and deceptive design obligations under the EU’s platforms regulation, the Digital Services Act, and issued the €120 million penalty.
The decision set off a cascade of accusations of censorship from U.S. officials, Musk and his supporters, with some suggesting the company should refuse to pay the fine.
isn’t musk a trillionaire? i’m sure he’ll feel the pain of this
You could take a dime from a millionaire and they would cry about it forever. It’s not about the money it’s about the conversion of money to power, it’s a loss of power they’re upset about not necessarily the actual money or what it could be used on.
In America, €120 million could buy half of Congress.
Congress are a lot cheaper whores than that.
“I’m not corrupt, but 20 bucks is 20 bucks”.
More than half, people just didn’t know how inexpensive it was to buy positions.
Last time i checked he was at about 400b so not a trillionaire, but 120m is still absolutely nothing.
Kinda weird how 3 posts in this thread call/refer to him as trillionaire… doesn’t seem genuine to me.
trust me I am more than happy to be wrong :)
Sadly… being wrong is only temporary.
They’re not fining Musk. They’re fining X/Twitter.
Oddly enough, I think this would be an effective thing.
Musk, like all bullies, just doesn’t want any accountability whatsoever. Yes, the amount is trivial given his means, but as we saw in South America, he is perfectly willing to back down when a challenge is meaningful, culturally if not materially.
I’m almost certain Musk has 120mil in loose change, hiding in his couch.
Guy is a trillionaire. Who cares about 120 million :|
It could be a €10 fine and this pillock would still throw the toys out the pram.
The kinds of human-substitute that become trillionaires, evidently
[X] hasn’t replied to POLITICO’s repeated requests for comment.
lol
Not the main point, but I found this interesting:
Regnier also justified the Commission’s continued use of X as a platform for corporate communications, despite the severity of anti-EU comments posted by Musk over the weekend and the platform’s decision to suspend the Commission’s account for paid advertising.
The EU executive uses 15 social media platforms and hasn’t made a decision to suspend its use of X, Regnier said.
All these platforms are ways to “get in touch to citizens, stakeholders, to do some outreach work, to precisely speak about what we are doing in the EU,” he said.
Statements comparing the EU to Nazi Germany are “part of the freedom of speech that we very much praise in the EU,” which “allows even for the craziest statements that you can imagine,” Chief Spokesperson Paula Pinho said.
The Commission stopped “using paid advertising or any paid services for X” in 2023 and its regular account remains open, Regnier said.
Add three more zeroes to the fine. The neo-Nazi loser can afford it.
Is this like when the local library hounds me for late return fees? It feels financially comparable when you slap such a small amount on it .
it would really be something if the app lost all its EU users
That doesn’t fill me with amazing confidence.
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The charges are clear. https://ec.europa.eu/commission/presscorner/detail/en/ip_25_2934
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Yes. Seriously. And if x wants to operate in the EU then it has to follow EU law.
Consumer protection still exists and what x is doing with it’s ‘verified’ badges is just straight up deception. The only thing it verifies is that that account has paid x money.
Second, relating to transparency in advertising. Hybrid warfare is a major threat to the stability of Europe’s society, institutions and democracy. A major vector for that is propaganda carried out through Facebook and X. Both through fake users and adverts.
The EU should very much take this seriously and I’m glad that they are.
