EU set to fine Elon Musk's X up to $1 billion for breaking disinformation law

At this point in time absolutely. Plus a good old tar n feather session wouldn't hurt

I’m American I’m talking to Europeans and Canadians about how to avoid this situation before it’s too late….but also hoping it’s still a possibility that we can take some power back in the us as well. Gotta have some hope

The fascist isnt censoring peoples speech by force of the government, is that an oxymoron?

I cant wait until right leaning leaders get these powers next, thats going to be exciting.

This will impact the stock price. Tesla will lose more than the fine in total.

Block his sites Europe-wide at the ISP level. Make Google and Apple block his apps from the European app stores.

Hit him where it'll *really* upset him.

I didn't clarify that but yeah, it is. We've been watching it.

As if that wasn't already in progress

What, and the US doesn't? That last part is true, at least.

Selective as in going after the biggest, most important offenders first? I sure hope they do.

Brother, did you just discover what politics are, you’re like a babe in the woods, grow up

Least 4chan creates memes

It's worse. I've never actually avoided 4chan I just don't go there. I actually avoid Twitter and have been for the past few years

Twatter is 4chan gold.

`whoa-in-a-disco.meme.png`

What Russian bots? Not done with licking trumps ass?

There is a history of following through with huge fines

https://www.theneweconomy.com/business/top-5-largest-fines-levied-on-tech-companies-by-the-european-commission

I'm optimistic that it will happen eventually. The EU generally is moving with stuff like this, even though it is slow as fuck. But well, let's see, not promising anything...

With the current (digital) regulatory landscape (e.g. GDPR, DMA, DSA and the AI Act that is entering into force in multiple stages right now), the EU has proven to be quite resolute and decisive with their fines and measures. This is all partof their digital de ade stategy and more legislation is coming to tame these tech behemoths. Yes, it isn't always fast or efficiënt, but the EU seems to be only world power that actually has the balls to do something.

This reminds me of EDPB Guidelines that have been published last year. In it, the EDPB had said that in extreme cases, AI models that have been trained on unlawfully obtained data such as personal data without a ground of proxessing etc., nationale authorites may compel the violating developer to delete the whole model. I do not see it happening soon or often, but it is a very good sign that the European authority mentions this as a possible action and outcome in an official document.

"Slams". Look at what journalists did to our boy!

The difference is that the judicial branch needs to be thorough and build a case. Planning to is all they can do until they actually *do*.

If Shitter is found to do something illegal that should land them a fine *that is what will happen*.

“Plans to” has as much value as “slams” when it comes to real world impact. I’d love to be proven wrong and have the new title become “actually fines”, but I have my doubts.

At least they have the balls to impose 1 billion euro penalties.

Sadly, you're right. Although if the the extreme aggression coming from the US government continues, they might actually get prodded into doing something about it eventually.

EU does not have the balls to do it. Same as Democrats in US.

They could leave it first, but yes.

Yeah that's what I was implying asking if they were polytheistic, like they were referring to the fear god lol

Nope they mean "the fear god", a god made of fear.

Mhmm. Yes.

That'll put the fear god in them!

Did you mean "the fear of god" or are you polytheistic? Lol

Seriously, how much money will have been spent by EU to make this happen

I see, thank you for the clarification.

There's a legal process that they have to get right, the investigation only started last year.

Agreed.

Also, they should fine him in €

... Doubling every day...

The last people to evaluate the company under the rules of fiduciary responsibility put the value at $10 billion.

Musk gets away with this because people believe his Ponzi schemes will make them rich. In a first world country he would be in prision for fraud.

That’s not the point. That’s the value at which the deal was made. Fine him more.

"Worth" only according to its owner, who paid himself to buy it from himself under a different org. Good luck finding an outside investor willing to spend $30B on it now that it's turned into a hate pool with a shit revenue stream

Even a small hole can sink a ship

Just ban the whole damn Nazi platform.

It’s worth $33B isn’t it? Go higher please

>**up to** $1 billion

It will be much less than a billion.

If a fine can be paid without causing financial strain, then it just becomes part of the cost of doing business.

If you want results, fine him $100 billion.

Finally, I've been waiting for this.

Twitter might as well be 4chan with how heavily I avoid that site now.

"EU set to...", "EU plans to...", do something already for fuck sake!

Let's goooooooo

Do it motherfuckers, I dare ya!

Only a matter of time until this guy buys Reddit.

I call it in 2026. So glad I’m out of that place.

I would just outright ban all of this Nazis businesses

Make it $10 billion. $1 billion is nothing to Elon Musk and X.

Fine his Tesla swasticars company too for something.

Just block them completely

Fines should be $1 billion or more. What fines currently are discourage no one.

Maybe add 20% tariffs to that

Good, make Musk lose as much money as possible

let's see it.

Make it 44 billion.

Make it per day and he might actually care.

Start public and decentralized platforms and facist billionaire owned social media will correct in valuation along with its kings

"Up to", in the context of fining non-private entities, usually means the minimum possible (so probably like 50€) and a "next time it's double!"

When are we going to learn that this doesn't work.

Elon will make back that billion back in a short enough time that it won't matter!

Start taking percentages of their income! Company needs to pay 30% of their revenue for ten years.

That'll put the fear god in them!

I'll believe it when Musk's check is in their bank and has cleared for payment.

Charge him with 500 counts, and bankrupt him.

just another 349 to go let's go.

A billion dollars in fines might make twitter unprofitable.

In a regular company, that would coerce the owners to make changes.

But Musk doesn't own twitter because he wants to make money off of it, at least not directly.

What Musk uses it for is control.

A billion dollars a *year* in fines will be worth it to him, as long as it gives him more control.

The only way to deny him this undue influence is to ban it outright or fine him a *lot* more.

I guess nobody told the EU how many billions Musk has.

The EU uses selective prosecution for political ambitions. We are all going to watch the trans-Atlantic relationship crumble.