Business, Spoken
The EU Is Coming for X's Paid Blue Checks
Jul 15, 2024
The EU is scrutinizing X's paid blue check system, which is owned by Elon Musk, for being deceptive and vulnerable to abuse by malicious actors.
04:06
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- EU plans fines for X's blue check system, deems it deceptive.
- X under fire for non-compliance with industry standards and transparency rules.
Deep dives
EU Threatens Fines for Paid Blue Checks on Social Media Network X
The European Union is considering imposing fines on social media platform X, owned by Elon Musk, for allowing users to pay for blue check verification. The EU argues that this practice deceives users and violates the Digital Services Act by hindering users' ability to discern account authenticity. Musk faces fines up to 6% of X's global annual turnover if the issue is not resolved. This move by the EU is part of its efforts to regulate big tech companies.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
