Elon

Elon Musk’s social media platform, X, has come under fire from the European Union (EU) for allegedly breaching Digital Services Act (DSA) regulations. Notably, the accusations could lead to hefty fines and significant operational changes. Meanwhile, European Commissioner for Internal Market Thierry Breton highlighted the issue in a recent X post, emphasizing the severity of the allegations. 
<h2 id="x-faces-regulatory-scrutiny-in-eu">X Faces Regulatory Scrutiny In EU</h2> 
The EU Commission has accused <a href="https://coingape.com/elon-musk-x-payments-gets-money-transmitter-license-in-washington-dc/" target="_blank" rel="noopener">X</a> (formerly Twitter) of violating online content rules, as outlined in the DSA. This follows a seven-month investigation targeting large online platforms and search engines. Notably, the DSA mandates the entities to address illegal content and public security risks more effectively. 
Other companies, including ByteDance’s TikTok, AliExpress, and Meta Platforms, are also under investigation. However, key areas of concern for X include the use of dark patterns, lack of advertising transparency, and restricted data access for researchers. 
In addition, the Commission specifically criticized X’s blue checkmark verification system, claiming it misleads users and undermines their ability to discern authentic accounts. Besides, X has been accused of not providing a searchable and reliable advertisement repository, a requirement under the DSA. 
Meanwhile, <a href="https://coingape.com/glossary/elon-musk/" target="_blank" rel="noopener">Elon Musk’s</a> X now has a few months to respond to these charges. If found guilty, the platform could face fines of up to 6% of its global turnover. Thierry Breton stressed that if their view is confirmed, significant changes will be required, along with the imposition of fines. 
Also Read: <a href="https://coingape.com/bitcoin-crash-mentougou-payout-risks-further-downtrend-with-138k-btc-at-stake/" target="_blank" rel="noopener">Mentougou Payout Risks Further Downtrend With 138K BTC At Stake</a> 
<h2 id="what-s-next">What’s Next?</h2> 
The Commission’s findings suggest broader implications for X and its operations within the EU. The platform has been charged with blocking researchers from accessing public data, further complicating its standing with regulators. Notably, this move highlights the EU’s commitment to ensuring transparency and accountability in digital platforms. 
Meanwhile, the defense strategy of Elon Musk’s X will be crucial in determining its future within the EU market. The platform’s response to the allegations and willingness to comply with the DSA will play a significant role in shaping its operational landscape. 
Notably, the Commission continues to investigate the dissemination of illegal content on X and the measures taken to counter disinformation. This situation underscores the growing regulatory scrutiny faced by large tech companies operating in the EU. 
The DSA aims to create a safer and more transparent online environment, holding platforms accountable for their content and operational practices. As <a href="https://coingape.com/elon-musk-threatens-lawsuit-on-masterminds-of-x-ad-boycott/" target="_blank" rel="noopener">Musk’s</a> X navigates these challenges, it serves as a reminder of the evolving regulatory landscape and the importance of compliance for digital platforms. 
Also Read: <a href="https://coingape.com/xrp-healthcare-hits-major-milestone-with-uae-trademark-registration/" target="_blank" rel="noopener">XRP Healthcare Hits Major Milestone With UAE Trademark Registration</a> 
The post <a href="https://coingape.com/elon-musk-x-violates-eu-dsa-regulation-whats-next/">Elon Musk’s X Violates EU DSA Regulation, What’s Next?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Elon Musk’s X Violates EU DSA Regulation, What’s Next?

Innehållsförteckning

Coingape News Media

Andra artiklar publicerade 12 juli 2024

US Congress Unites Against AI Deepfake: Watermarking To The Rescue

Take part in the Finschia governance vote directly with NEOPIN!

CryptoFace, CryptoSensei, and Grey Jabesi Join Fusio by Blockguard as Curated Portfolio Managers

Reasons why Shiba Inu’s price may fall again after brief uptrend

Bitcoin Index Hits Extreme Fear, Time to Start Accumulating?

TRON Founder Justin Sun Breaks Silence on $69,000 Bitcoin Long

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!