EU Finds Elon Musk's X in Violation of Online Content Rules

Money | July 12, 2024, 4:33 a.m.

Elon Musk's social media platform, X, is facing potential fines and required changes after the European Commission found it to be in breach of EU online content rules. The commission's investigation revealed that X used deceptive tactics, known as "dark patterns," to manipulate users. They also found issues with advertising transparency and data access for researchers on the platform. Specifically, X's use of the blue checkmark for "verified accounts" was found to be misleading, as the verification process was easily accessible to anyone. The commission noted that malicious actors were taking advantage of this feature to deceive users. If confirmed, X could face a fine of up to 6% of its global annual turnover. EU industry chief Thierry Breton emphasized that X has the opportunity to defend itself, but significant changes will be required if the commission's findings are upheld. Stay tuned for updates on this developing situation.