Elon Musk's X fined €120M over 'deceptive' blue ticks
6 days ago
- #Social Media
- #Elon Musk
- #EU Regulation
- Elon Musk's social media platform X fined €120m by the EU for 'deceptive' blue tick badges.
- EU claims X deceives users by allowing paid verification without meaningful identity checks.
- US Vice President JD Vance criticizes EU fine, calling it an attack on free speech.
- EU regulators also cite X for lack of transparency in ads and restricted data access for researchers.
- Fine calculated based on infringement nature, gravity, and duration affecting EU users.
- X must comply with EU Digital Services Act (DSA) or face further penalties.
- Musk's verification changes tied to Premium subscriptions aimed at boosting income and reducing bots.
- Critics warn new verification system may increase scams and misleading content.