Tag: Fine
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X Suspends European Commission Ad Account Following €120M Fine
X’s Head of Product Nikita Bier fired back at the European Commission this weekend after the EC fined the social media company €120 million (around $140 million). In its first fine under the European Union’s Digital Services Act, the commission called X’s blue checkmark system “deceptive” and said the paid verification system makes users vulnerable…
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Reevaluating the EU: Consequences of X’s $140 Million Fine
Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X 120 million euros ($140 million) for a “deceptive” blue checkmark and lack of transparency of its advertising repository. The European Commission hit X with the ruling on Friday following a two-year investigation into the company under…
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Elon Musk Slams EU Over $140 Million Fine on X
Elon Musk, one of the world’s most influential tech leaders, has once again ignited a political firestorm—this time by taking direct aim at the European Union. His outburst came shortly after the EU imposed a hefty €120 million (about $140 million) fine on his social media platform, X, under the bloc’s stringent Digital Services Act…
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Elon Musk Calls for EU Abolition Following $140 Million Fine on X
Elon Musk sharply criticised the European Union on Saturday, declaring that the bloc “should be abolished” after his social media platform X was slapped with a $140 million fine just a day before. The penalty was imposed for alleged violations of the EU’s strict content and transparency rules. These rules, enforced in August 2023, set…
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Cavaliers Hit with $250,000 Fine for Resting Darius Garland During Prime-Time Game
NEW YORK — The NBA fined the Cleveland Cavaliers $250,000 on Thursday for violating the league’s player participation policy by resting All-Star guard Darius Garland for a nationally televised game against the Toronto Raptors on Nov. 24. It is the second time this season the Cavaliers have been fined for violating the policy. They received…
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Elon Musk’s Response to EU’s $140M Fine on X: Insights and Implications
Elon Musk on Saturday slammed the European Union’s $140 million fine on his social media platform X, calling the penalty “crazy” and “insane” in a post on the site. Taking to the site, he said, “The EU imposed this crazy fine not just on @X, but also on me personally, which is even more insane!”“Therefore,…