Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X::Thierry Breton, the European commissioner for the internal market, warns Elon Musk about disinformation on X related to the Israel-Hamas conflict.

  • kingthrillgore
    link
    fedilink
    English
    571 year ago

    Boy I hope the EU does something besides sit around with its dick in their hands.

    • @Syrc@lemmy.world
      link
      fedilink
      English
      371 year ago

      Failure to comply with the European regulations around illegal content could result in fines worth 6% of a company’s annual revenue.

      “I remind you that following the opening of a potential investigation and a finding of non-compliance, penalties can be imposed,” Breton wrote.

      The second might be just talk but the first one is very much “something”.

      • @Clusterfck@lemmy.sdf.org
        link
        fedilink
        English
        21
        edit-2
        1 year ago

        Since Twitter lost $20 billion in value this year, he would argue that means the EU owes Twitter $1.2 billion.

        Edit: Yes, revenue vs profit. I get it. It was a joke.

        • English Mobster
          link
          fedilink
          English
          181 year ago

          Revenue, not profit.

          In other words - Twitter would lose even more money. And they’d lose it to people that can take it straight from their bank accounts. 6% of it, to start with.

          So $0.48 of every blue checkmark would go straight to the EU.

          • @Treczoks@lemmy.world
            link
            fedilink
            English
            61 year ago

            And, IIRC the penalty is based on last years or accounting periods data, i.e, from times where they still earned money.

        • @CileTheSane@lemmy.ca
          link
          fedilink
          English
          41 year ago

          Since Twitter lost $20 billion in value this year, he would argue that means the EU owes Twitter $1.2 billion.

          Edit: Yes, revenue vs profit. I get it. It was a joke.

          Wouldn’t surprise me if that was Elon’s “strategy” here.

    • oce 🐆
      link
      fedilink
      English
      81 year ago

      What about the country where those megacorps are living?