EU intends to fine X social network $1 billion: NYT

European Union (EU) regulators are likely to impose major penalties on Elon Musk-owned social media platform, X, for breaching a key law designed to combat illicit content and disinformation, according to a report by The New York Times. The move is expected to escalate tensions between the EU and the United States, as Musk is a close adviser to US President Donald Trump.

 

The penalties, which are anticipated to be announced this summer, will likely include a substantial fine and mandated product modifications, the report said. These would mark the first enforcement actions under the Digital Services Act (DSA), a newly implemented EU law aimed at holding social media companies accountable for content regulation.