
FT News Briefing Twitter’s ‘collision course’ with EU
Nov 16, 2022
New tech regulations are shaking up Europe's digital landscape, putting Twitter on a collision course with regulators. The impact of the ongoing conflict in Ukraine highlights the resilience of Ukrainian businesses amidst Russian air raids. Meanwhile, the Japanese yen is making a comeback from record lows, signaling a shift in economic dynamics. Plus, discover a new digital crossword app for puzzle enthusiasts and catch the latest deals on technology and sustainable fashion.
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Twitter’s Troubles with EU Regulations
- The Digital Services Act gives Brussels new power to regulate big tech companies.
- This could cause problems for Twitter's new verification system.
Potential Consequences for Twitter
- If Elon Musk doesn't comply with EU regulations, Twitter could face significant penalties.
- Brussels has the power to impose fines and even ban the platform from Europe.
Russia's Missile Strikes
- Russia responded to Ukraine's proposed peace settlement with missile strikes.
- This attack targeted power infrastructure and was the largest since the invasion began.
