European Commission Warns X (Formerly Twitter) of Possible 6% Fine for Regulatory Breach
Friday, 12 July 2024, 12:46
EU Threatens Musk's Social Media Platform X with Potential 6% Fine
The European Commission has officially notified Elon Musk's social media platform X (formerly Twitter) of potential violations of the EU tech regulations.
Regulatory Breach and Financial Implications
The company is at risk of facing a substantial fine, amounting to up to 6% of its global annual turnover.
This development could have significant financial implications for X and could impact its operations moving forward.
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