The European Commission said it will “make sure” it receives money owed by Elon Musk’s X after the company was fined €120 million for failing to meet transparency rules.
The Commission on Friday said X has breached transparency and deceptive design obligations under the EU’s platforms regulation, the Digital Services Act, and issued the €120 million penalty.
The decision set off a cascade of accusations of censorship from U.S. officials, Musk and his supporters, with some suggesting the company should refuse to pay the fine.
isn’t musk a trillionaire? i’m sure he’ll feel the pain of this
He’s a trillionaire if the failing Tesla hits specific, and probably impossible targets. More likely, Tesla is bankrupt in two years.
But that doesn’t stop the PR department from cranking out their propaganda that he’s already a Trillionaire.
Last time i checked he was at about 400b so not a trillionaire, but 120m is still absolutely nothing.
Kinda weird how 3 posts in this thread call/refer to him as trillionaire… doesn’t seem genuine to me.
trust me I am more than happy to be wrong :)
Sadly… being wrong is only temporary.
They’re not fining Musk. They’re fining X/Twitter.
Right, just like Florida Senator Rick Scott didn’t get wealthy committing the largest Medicaire fraud in history, after pleading the 5th over 185 times in his trial. The blame was the company that he owned, and was the CEO. The company paid a massive fine, but he kept his stolen government money, and went on to run for Governor of Florida, where he continued his campaign of stealing from the government, doubling his net worth, and is now a Florida Senator, where he was recently caught on video railing against talk of abolishing insider trading for Senators, whining that “Democrats want to keep people from earning money!”
No, you penis with ears, making a living is fine, but you are using a method that would put any of the rest of us in prison for years, and that happens all the time. We just expect YOU to live by the same laws as US.
He HATES it when people post these reminders of how his entire fortune is build on taking money from the government, as he rails against Career Politicians, and runs on term limits, which he never introduces once he’s on office.
Yeah, the sheer insanity here is that $120M is like, losing a comparative 12¢ to him.
Wikipedia puts the worthless cur’s “worth” at ~470B.
I’m no mathematician but…
470,000,000,000
−120,000,000
=469,880,000,000
OoOOOoo way to go. You go make sure he pays that huuuge fine. I’m sure he’ll lose sleep over this one!
Fine him 12% of his net worth and THAT would at least be an actual penalty.
Oddly enough, I think this would be an effective thing.
Musk, like all bullies, just doesn’t want any accountability whatsoever. Yes, the amount is trivial given his means, but as we saw in South America, he is perfectly willing to back down when a challenge is meaningful, culturally if not materially.
You could take a dime from a millionaire and they would cry about it forever. It’s not about the money it’s about the conversion of money to power, it’s a loss of power they’re upset about not necessarily the actual money or what it could be used on.
In America, €120 million could buy half of Congress.
Got it, the EU should buy Congress!
…that might be an improvement, considering how dumb our political animals are. 🤔
It would be nice to be owned by people with half a brain for a change
More than half, people just didn’t know how inexpensive it was to buy positions.
Congress are a lot cheaper whores than that.
“I’m not corrupt, but 20 bucks is 20 bucks”.
No he’s not. And it bothere him to no end that he’s not.
I’m almost certain Musk has 120mil in loose change, hiding in his couch.