Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X
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.
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.
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Boy I hope the EU does something besides sit around with its dick in their hands.
Failure to comply with the European regulations around illegal content could result in fines worth 6% of a companyâs annual revenue.
âI remind you that following the opening of a potential investigation and a finding of non-compliance, penalties can be imposed,â Breton wrote.
The second might be just talk but the first one is very much âsomethingâ.
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.
Revenue. Doesn't matter what they're worth.
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.
And, IIRC the penalty is based on last years or accounting periods data, i.e, from times where they still earned money.
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.
Thatâs pretty much the joke I was going for, but I guess I shouldâve been more obviousâŚâŚ
What about the country where those megacorps are living?