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this post was submitted on 04 Apr 2025
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Technology
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I believe it when they actually do it
They've fined meta for 800 million in the past.
There's a reason there's so much anti EU sentiment on social media.
https://ec.europa.eu/commission/presscorner/detail/en/ip_24_5801
It's never enough. Companies that make this much money just write it off as the cost of doing business.
Don't talk about doing the thing and do the thing.
in a democracy the latter has to be preceded by the former.
Forgive me for being jaded and bitter about the opposition party being nothing BUT ineffectual talk.
The talking happened when the law was being promulgated. Now it's in effect, and so time for action.
yeah, only time will tell.
Oh noooooo 1 billion dollars.......such a heavy fine.......
Make it 60 billion.
This would be a fine against X though right rather than Elon himself? Surely the company wouldn't have that kind of cash available and would need to take drastic action to raise that amount.
rubbing nipples
Oh, gosh! That sounds SO bad! Go on, tell us in explicit detail all the drastic measures that X would face. Tell us all the pain they would endure! Spare no detail.
rubs balls
Yeah.....yeah almost there....
I don't understand the downvotes for this, this was my thinking too.
This. Fines should be percentage of wealth. Otherwise they're just a sticker price on breaking the law.
Nice idea but the state wouldn't be able to know how much one owns. I am poor, but I have more hidden wealth than declared wealth
But $60B is more than Musk bought Twitter for, and there's no way it increased enough that $60B would be a reasonable percentage of income in any capacity.
It's a good start
Get back to me when they spell Billion with a T
Tillion? Tbillion? BillionT?
!/s!<
So a slap on the wrist? A significant one sure but just ban them if you want to be serious and make an example out of them
but just ban them if you want to be serious
But if you ban them you can't continue to fine them....
If you want X and other American social media platforms to keep undermining your democracies then sure just fine them. But if you want to get serious then kick them to the fucking curb
But if you want to get serious then kick them to the fucking curb
Absolutely, but you have to think why the European Union hasn't done this to date? It's totally within their gift to say that Twitter is such a dog shit platform that tomorrow it will be blocked, no European company can do business with them. But they don't. Why is that?
$huck$, I hav€n’t the $light€$t notion a$ to why th€y wouldn’t have tak€n $uch action$.
It’$ a my$t€ry
...
Fine.
Well then do either one instead of just loudly proclaiming you might do something
What have they done to earn that fine?
Preliminary findings from july
- First, X designs and operates its interface for the “verified accounts” with the “Blue checkmark” in a way that does not correspond to industry practice and deceives users. Since anyone can subscribe to obtain such a “verified” status, it negatively affects users' ability to make free and informed decisions about the authenticity of the accounts and the content they interact with. There is evidence of motivated malicious actors abusing the “verified account” to deceive users.
- Second, X does not comply with the required transparency on advertising, as it does not provide a searchable and reliable advertisement repository, but instead put in place design features and access barriers that make the repository unfit for its transparency purpose towards users. In particular, the design does not allow for the required supervision and research into emerging risks brought about by the distribution of advertising online.
- Third, X fails to provide access to its public data to researchers in line with the conditions set out in the DSA. In particular, X prohibits eligible researchers from independently accessing its public data, such as by scraping, as stated in its terms of service. In addition, X's process to grant eligible researchers access to its application programming interface (API) appears to dissuade researchers from carrying out their research projects or leave them with no other choice than to pay disproportionally high fees.
https://ec.europa.eu/commission/presscorner/detail/en/ip_24_3761
Also interferes with our elections, which might get them banned completely
I don't agree with the first one but the other 2 seem reasonable.
Why stop at 1
I hope that after the fine goes into action he loses more investors further deminishing his wealth
does not matter to me if the actual fine is lower when in the end he pays a higher price. (but big numbers are nice so: go europe)
Add some more zero's EU.
Hopefully it's a European billion (million, milliarde, billion, billiarde etc) so 10^12
Just ban the thing
Good. Go ahead.
Oh no don’t make papa Elon cry.
don juan grabbed the wrong pussy