EU Hits Elon Musk’s X With $140 Million Fine

The European Union has fined Elon Musk's social media platform X, formerly known as Twitter, €120 million (approximately $140 million) for violating the EU's new digital transparency rules. The fine comes as part of the EU's crackdown on online platforms' compliance with transparency and content moderation regulations. The case has become a point of contention between the EU and the Trump administration, which has criticized the EU's approach as an attempt to stifle free speech. However, the EU argues that the rules are necessary to ensure that online platforms are held accountable for the content they host and the data they collect. The fine is the first major penalty levied under the EU's new Digital Services Act, which came into effect in 2022. The act requires large online platforms to be more transparent about their content moderation practices and to take measures to prevent the spread of illegal and harmful content.