02
Dec
European regulators have dealt a significant setback to Elon Musk's platform X, marking the inaugural instance of the EU enforcing a penalty under its new digital transparency and safety regulations. This fine represents a pivotal moment in the expectations for global tech companies operating in Europe.European regulators have officially declared a €120 million (approximately $140 million) penalty against X, the social media platform owned by Elon Musk, after concluding that the company breached several provisions of the European Union’s Digital Services Act (DSA). This decision marks the first formal penalty imposed under the significant legislation, which seeks to enhance accountability…
