• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Musk says the European Commission offered X a secret illegal deal

by July 12, 2024
written by July 12, 2024

Elon Musk just threatened legal action against authorities in Europe. As is usually the case, he did so through a post on his social media platform X.

For context, the European Commission announced today that X, formerly Twitter, was in breach of Europe’s Digital Services Act (DSA).

Musk wasted no time in hitting back:

The European Commission offered 𝕏 an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us.

The other platforms accepted that deal.

𝕏 did not. https://t.co/4lKsaRsYoA

— Elon Musk (@elonmusk) July 12, 2024

The commission had originally started an investigation into the platform in December last year. Some of the findings of the investigation were made public on Tuesday.

The commission was mainly concerned about the way X used the blue checkmark. The blue checkmark, back in the Twitter days, could only be obtained if a user could verify their position as a personality of note.

When Musk took over and renamed the platform to X, he announced that the blue checkmark could be obtained by simply paying.

The commission claims this was a misleading practice and is looking at imposing a multi-million dollar fine on Elon Musk’s platform. X could be fined as much as 6% of its global revenues.

But Musk is not holding back and is willing to take the battle to court.

We look forward to a very public battle in court, so that the people of Europe can know the truth https://t.co/nKBGEPxeEa

— Elon Musk (@elonmusk) July 12, 2024

For once, Musk got an equal response as Thierry Breton, the European Commissioner for Internal Market, snapped backed at him by saying “See you (in court or not)”.

While the fight looks spicy when viewed online, this could have serious implications for many American and global tech companies. Europe is not going to budge an inch and will want to impose the DSA in its full force.

If it fails to do that, it will set a precedent that other companies will use in future. Seeing as how often American companies end up paying fines in Europe, the EU does not want to look weak.

Many Americans view this as a battle for truth. With many Americans feeling the mainstream media feeds them propaganda, and a politically charged environment in the country adding to the discontent, people think Musk needs to be backed to expose the mainstream media.

Some are even saying Trump and Elon Musk are the only two influential people capable of saving the world from the mainstream propaganda apparatus. This type of public response is what Musk and Trump often thrive on. So taking the fight to Europe adds to Elon’s image as the seeker of truth.

Whether that fight results in success for the American billionaire remains to be seen. For now, it seems X won’t back down and will continue to fight the battle in court.

The post Musk says the European Commission offered X a secret illegal deal appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
AT&T announces significant data breach affecting customer call and text records
next post
Delta says the Olympics will cost it $100 million as travelers skip Paris

related articles

US stocks open in the green: Dow jumps...

May 9, 2025

Geopolitical tensions jeopardise energy flows in India and...

May 9, 2025

Markets fall, defence stocks jump as Indo-Pak tensions...

May 9, 2025

Europe markets open: Stoxx 600 points up; focus...

May 9, 2025

Asia markets close: Nikkei rallies, China slips despite...

May 9, 2025

Pi Network ranks 6th in Finland’s app charts,...

May 9, 2025

British Airways parent inks $13bn Boeing deal after...

May 9, 2025

UK’s Crown Estate clears offshore wind expansion to...

May 9, 2025

CoreWeave eyes $1.5B bond raise to ease debt...

May 9, 2025

Panasonic to slash 10,000 jobs in 2025 amid...

May 9, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Zelenskyy warns peace talks without Ukraine ‘dangerous’ after Trump claims meetings with Russia ‘going well’

    February 3, 2025
  • Boeing sweetens offer to union as strike enters second week

    September 24, 2024
  • Dems promise to ‘stand up to’ Trump but laud ‘peaceful transfer of power’ after speech

    January 20, 2025
  • Transgender sailors, Marines offered benefits to voluntarily leave service or face being kicked out

    March 15, 2025
  • ApeCoin and Akita Inu: Akita has pulled to a yearly low

    August 6, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,453)
  • Investing (604)
  • Stock (737)

Latest Posts

  • Abortion research group opposes state reporting requirements amid ‘weaponization’ by lawmakers

    March 14, 2025
  • ‘Efficient and accountable’: GOP-led DOGE bill aims to slash outflow of federal dollars

    November 21, 2024
  • Elon Musk scraps with Chuck Schumer, suggesting the senator profits from government fraud

    April 9, 2025

Recent Posts

  • Climate lawfare is running into a powerful force liberals didn’t expect

    February 10, 2025
  • House Dems sue FEC accusing GOP of exploiting campaign loophole

    October 18, 2024
  • DOGE terminates billions in contracts, including $361K for ‘gender non-conforming, non-binary’ BIPOC farmers

    April 30, 2025

Editor’s Pick

  • Crypto Tax UK: Comprehensive Guide for 2024

    July 25, 2024
  • Trump’s interior chief to unleash Gulf drilling with major rule change

    May 2, 2025
  • Trump-backed bill to avert government shutdown passes House despite mutiny threats

    March 11, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock