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home / articles / X - Elon Musk's X Found In Breach Of EU Digital-Content Law Faces Potential Fine Of Up To 6% Of Global Turnover | Benzinga


X - Elon Musk's X Found In Breach Of EU Digital-Content Law Faces Potential Fine Of Up To 6% Of Global Turnover | Benzinga

Elon Musk’s social media platform X has been found in violation of the European Union’s online content law. The preliminary decision by the EU’s executive arm could result in a fine for the company.

What Happened: The European Commission’s decision on Friday was the culmination of a lengthy investigation into X, previously known as Twitter, reported The Wall Street Journal.

The probe aimed to ascertain if the platform had violated the Digital Services Act, a law that mandates major online platforms to address illegal content and provide transparency in content moderation and advertising, among other regulations,

The Commission identified three areas of concern regarding X’s content practices. These could lead to a fine of up to 6% of the company’s total worldwide annual turnover. The grievances include the ...

Full story available on Benzinga.com

Stock Information

Company Name: United States Steel Corporation
Stock Symbol: X
Market: NYSE
Website: ussteel.com

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