Posted on 10/17/2024 8:25:16 AM PDT by SeekAndFind
The European Union has warned X that it may calculate fines against the social-media platform by including revenue from Elon Musk’s other businesses, including Space Exploration Technologies Corp. and Neuralink Corp., an approach that would significantly increase the potential penalties for violating content moderation rules.
Under the EU’s Digital Services Act, the bloc can slap online platforms with fines of as much as 6% of their yearly global revenue for failing to tackle illegal content and disinformation or follow transparency rules. Regulators are considering whether sales from SpaceX, Neuralink, xAI and the Boring Company, in addition to revenue generated from the social network, should be included to determine potential fines against X, people familiar with the matter said, asking not to be identified because the information isn’t public.
The European Commission has been investigating X for several potential breaches of the Digital Services Act, newly introduced rules meant to ensure platforms police illegal content. The EU is leading a global crackdown on harmful online content and disinformation that’s sparked increasingly vocal responses from Musk, who has said such measures restrict free speech.
X is a private company under Musk’s sole control. In considering revenue from his other companies, the commission is essentially weighing whether Musk himself should be regarded as the entity to fine as opposed to X itself, the people said. Tesla Inc.’s sales would be exempt from this calculation because it’s publicly traded and not under Musk’s full control, one of the people said.
The commission hasn’t yet decided whether to penalize X, and the size of any potential fine is still under discussion. Penalties may be avoided if X finds ways to satisfy the watchdog’s concerns.
X would also have the opportunity to challenge any EU decision, but the final say rests with the commission,
(Excerpt) Read more at msn.com ...
1984 is playing out...only “their” speech is “good” speech. You MUST play by our rules or we’ll shut you down.
These are the same people that say Trump is going to try to be a “dictator”. Oh...the irony.
“Elon Musk’s business empire risks being targeted by EU for potential X fines”
Makes sense, since Musk wants the Ukraine War to end.
Easy. Suspend “X” in the eu (ee yewwwww)!
I wonder what would happen if Musk just decided to Zero Out the EU?
By Zero Out I mean shut off all access to X, all access to Starlink, all access to any of his businesses. Basically make the EU the BLACKHOLE that it so desperately wants to be.
How long can the EU last “without” Musk??
Make them find out!!! BLOCK EVERYTHING coming out of the EU.
The European Union needs more to waste on Global Warming
Musk to EU: GFY
I look forward to when Musk turns off their internet, bricks their cars, and causes their robots to go on strike.
I think the state of Texas has more guns than all of the EU.
Hint.
Based on the affronts to the First Amendment，Trump could have the DOJ draw up indictments against EU officials involved in social media censorship, seek to seize their personal assets and sanction any corporation that puts them on payroll after they leave public service.
Elon Musk is the real life John Galt.
If we had an American president that defended American companies against the lunatics in the EU, he would tell them to back off Elon Musk or risk massive tariffs and US pulling out of NATO it should be unacceptable for the EU make threats about Americans like Elon Musk
They are going to turn musk into Napolean. He will hire an army and take Europe, then Brazil.
THX
Of course these are the self or staff written sugar coated versions that are posted:
https://en.wikipedia.org/wiki/Thierry_Breton
https://en.wikipedia.org/wiki/Margrethe_Vestager
Unelected, unaccountable, for the most part faceless bureaucrats but with political interests that are deciding what is mis/disinformation. Not dangerous at all! (sarc)
Some things are near absolutes. They are binary because if you open the door for government control or limiting the rights of people, there will be no end to the games and limits imposed until one day you wake up and realize you have no more rights.
Free speech is one of those. Sorry if you don’t like it when people say mean things. Sorry if you don’t like it if someone has a theory about why things are the way they are which paints your side in a negative way. Sorry if you do not like porn, or on line gambling, or mean spirited meme’s. I am even sorry if you actually believe to hold a monopoly on morality and the truth and think only your version of this truth should be allowed to be perpetuated.
However, if you actually believe in “free speech” you MUST be willing to swallow the bad taste of those things you do not like because any attempt at protecting the children from porn, or curbing jihadist and Russian propaganda, or or or... will ultimately also give government the power to censor things they do not like that are posted about Covid, the Ukraine war, by an opposition political party, is derogatory regards mass immigration...
You cannot have it both ways on such an issue.
Quite so. The government is doing a pretty good job in their role as well. Unfortunately...
Turn it off in Europe.
The current US administration likely gave them the idea.
I know Hillary Clinton has urged the EU to do exactly what they are threatening
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