• 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 producer prices jump more than expected in...

February 1, 2026

Commodity wrap: volatility reins as gold, silver, copper...

February 1, 2026

Nvidia stock flat on Friday but analysts remain...

February 1, 2026

SoFi CEO defends capital raise as Q4 revenue...

February 1, 2026

SanDisk stock: how high could it realistically fly...

February 1, 2026

Europe bulletin: UK confidence wobbles, Germany’s nuclear idea,...

February 1, 2026

Dan Ives names ‘best in the world’ stocks...

February 1, 2026

Silver slips below $80: when does panic become...

February 1, 2026

Evening digest: Bitcoin slips towards $80K, Trump’s Fed...

February 1, 2026

Verizon stock: why it’s a complete package for...

February 1, 2026
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

  • House Dems suggest Trump is trying to bring back slavery in racially charged livestream: ‘Back to the fields’

    March 6, 2025
  • White House drops ‘Daddy’s Home’ meme after viral NATO summit moment

    June 26, 2025
  • SCOOP: Trump admin, OpenAI partner to unleash artificial intelligence on federal government

    August 6, 2025
  • Nifty and German 40 Nifty is slowly closing the August gap

    August 22, 2024
  • USAID missions overseas ordered to shut down, staff being recalled: report

    February 5, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,746)
  • Investing (920)
  • Stock (969)

Latest Posts

  • Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

    November 1, 2024
  • Heightened ‘significance and importance’ as Vance, Walz face off in VP debate

    October 1, 2024
  • Vance calls Walz ‘a joke,’ claims Minnesota governor enabled massive fraud

    January 8, 2026

Recent Posts

  • Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

    August 23, 2024
  • Hezbollah launches rockets at Israel after overnight airstrikes: ‘Open-ended battle’

    September 23, 2024
  • Kennedy and Milei double down on WHO exit after meeting in Buenos Aires: ‘Free from totalitarian control’

    May 27, 2025

Editor’s Pick

  • Whatever happened to: The Qatar Air Force One jet

    September 5, 2025
  • Israel’s UN ambassador: Response to Iran will be ‘very painful’

    October 17, 2024
  • Meet ‘China’s man in Lima’ who jetted over to US to collect trains donated by Biden admin

    July 12, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

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