Summary
The EU plans to fine Elon Musk’s X over $1 billion for violating the Digital Services Act by failing to control disinformation and illicit content.
This would mark the first major penalty under the new law and could trigger a legal clash with Musk, who vowed to fight in court.
Regulators say the fine aims to deter other platforms. Tensions with the U.S. are rising, as X also faces a broader investigation.
Make it $10 billion. $1 billion is nothing to Elon Musk and X. Fine his Tesla swasticars company too for something.
This will impact the stock price. Tesla will lose more than the fine in total.
Block his sites Europe-wide at the ISP level. Make Google and Apple block his apps from the European app stores.
Hit him where it’ll really upset him.
Charge him with 500 counts, and bankrupt him.
Let’s goooooooo
When are we going to learn that this doesn’t work.
Elon will make back that billion back in a short enough time that it won’t matter!
Start taking percentages of their income! Company needs to pay 30% of their revenue for ten years.
That’ll put the fear god in them!
That’ll put the fear god in them!
Did you mean “the fear of god” or are you polytheistic? Lol
Mhmm. Yes.
Seriously, how much money will have been spent by EU to make this happen
let’s see it.
Do it motherfuckers, I dare ya!
I would just outright ban all of this Nazis businesses
Maybe add 20% tariffs to that
Good, make Musk lose as much money as possible
The EU uses selective prosecution for political ambitions. We are all going to watch the trans-Atlantic relationship crumble.
Brother, did you just discover what politics are, you’re like a babe in the woods, grow up
What, and the US doesn’t? That last part is true, at least.
As if that wasn’t already in progress
Selective as in going after the biggest, most important offenders first? I sure hope they do.
Just ban the whole damn Nazi platform.
EU does not have the balls to do it. Same as Democrats in US.
At least they have the balls to impose 1 billion euro penalties.
“Plans to” has as much value as “slams” when it comes to real world impact. I’d love to be proven wrong and have the new title become “actually fines”, but I have my doubts.
I’m optimistic that it will happen eventually. The EU generally is moving with stuff like this, even though it is slow as fuck. But well, let’s see, not promising anything…
There is a history of following through with huge fines https://www.theneweconomy.com/business/top-5-largest-fines-levied-on-tech-companies-by-the-european-commission
Sadly, you’re right. Although if the the extreme aggression coming from the US government continues, they might actually get prodded into doing something about it eventually.
They could leave it first, but yes.
I’ll believe it when Musk’s check is in their bank and has cleared for payment.
just another 349 to go let’s go.
Finally, I’ve been waiting for this.
“Up to”, in the context of fining non-private entities, usually means the minimum possible (so probably like 50€) and a “next time it’s double!”