EU fines Musk’s X $140 million for blue-check system and ad transparency violations

EU Fines Elon Musk’s X Platform $140 Million

The European Union (EU) has fined Elon Musk’s social media platform X (formerly Twitter) about $140 million. The reason for this fine is that X did not follow EU rules about transparency and protecting users.

The EU says that X did not clearly explain how it uses users’ data and how it shows a blue-check for verified accounts. The blue-check is a symbol that shows the account belongs to a well-known person or organization.

This is the first time the EU has given a big fine under its new digital laws. These laws are meant to make online platforms safer and more transparent for everyone.

The EU is still checking X for other possible problems. They are looking at whether X is spreading illegal content on its platform. The European authorities want to make sure that social media companies are responsible for the content they show and that they keep their users safe.

Elon Musk, the owner of X, has made many changes to the platform since he bought it. However, the EU is now making sure that X follows all the rules, especially related to user safety and transparency.

This fine is a reminder that social media companies need to follow the law or face penalties. The EU wants to protect its citizens and ensure the internet is a safer place for everyone.