Europe may fine Elon Musk's X more than $1 billion

EU regulators are set to impose hefty penalties on Elon Musk’s X platform for breaching the Digital Services Act, targeting illegal content and disinformation. A fine exceeding $1 billion is speculated, aiming to deter non-compliance by other companies. The investigation highlights X’s inadequate content moderation, contributing to the spread of harmful content in the EU.