Agence France-Presse reports:
Tech billionaire Elon Musk’s X platform is misleading users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines.
EU regulators are unhappy with the blue badge system under Musk’s ownership since anyone can now obtain it with a premium subscription, whereas before it was reserved for verified accounts including leaders, companies and journalists, after approval.
The formal warning against X is the first under the Digital Services Act (DSA), a sweeping law that forces digital companies do more to police content online. It follows a probe launched in December 2023. Fines under the DSA can go as high as six percent of a company’s total worldwide annual turnover and force it to make changes to address violations.
Read the full article.
The EU released the findings today of their investigation of X. They found that selling of blue checks to “malicious actors” & lack of transparency to advertisers violates their laws. X faces a massive fine with Musk now given a chance to respond. Story. https://t.co/CWWHRRCUXy
— Ron Filipkowski (@RonFilipkowski) July 12, 2024
X has been charged under the EU’s digital services act for
1. Blue checks decieving users since there’s no actual verification.
2. Not providing a searchable library of ads.
3. Not providing data access to researchers.X can be fined up to 6% of global revenues if found guilty. pic.twitter.com/t86VvKtBQQ
— Dare Obasanjo🐀 (@Carnage4Life) July 12, 2024