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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 ...
London — The European Union said Friday that blue checkmarks from Elon Musk's X are deceptive and that the online platform falls short on transparency and accountability requirements, in the ...
Elon Musk's social media platform X has reportedly made a visible push to clarify its blue checkmark policy as European regulators ramp up scrutiny that could lead to a massive fine.
"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 ...
BRUSSELS, June 6 (Reuters) - Elon Musk's social media company X has highlighted a disclaimer to its blue checkmark in an attempt to head off a possible hefty fine from EU antitrust regulators, a ...
The EU is scrutinizing Elon Musk's X over corporate restructuring following its $33 billion acquisition by xAI, amid ongoing concerns about compliance with the Digital Services Act.
The EU had announced a probe into X's alleged breaches of the DSA in December 2023. (Reporting by Jaspreet Singh and Niket Nishant in Bengaluru; editing by Diane Craft and David Gregorio) ...
This investigation stems from how xAI’s acquisition of X in March increases the fine. The Commission can fine up to 6% of a company’s annual global revenue.
The U.S. and EU appear to be nearing a deal on non-tariff trade issues, including deforestation rules and the treatment of U.S. tech companies. A draft “agreement on reciprocal trade ...
EU Quizzes Musk’s X over xAI Takeover Amid Digital Services Act Probe ‘We are following closely changes in the corporate structure of X,’ the European Commission says By Edith Hancock Share ...
Trump Ignores EU’s Pleas, Won’t Budge On Tariffs As Deadline Looms Alongside the 10 percent baseline tariff, there's a 50 tariff on steel and aluminum from Europe by Brad Anderson 2 seconds ago ...