"The European Union has imposed a €120m (£105m) penalty on X, marking the first sanction under the bloc's Digital Services Act for content-moderation breaches. The Commission said that X misled users with its paid "blue tick" verification, blocked researchers from accessing platform data, and failed to set up a proper advertising repository. Despite early speculation that regulators might go after Elon Musk's broader business empire, the fine was calculated without taking into account his estimated USD$467bn (£352.7bn) fortune."
"UK ministers are weighing tougher controls on AI chatbots amid concerns they could encourage self-harm among teenagers. Technology Secretary Liz Kendall told MPs she was "especially worried" about children developing unhealthy attachments to generative AI. She noted that some AI applications currently fall outside the Online Safety Act, prompting officials to examine how the legislation could be expanded to include these emerging platforms. "If there are measures we need to do to protect kids online we will take that," Kendall said."
Netflix announced the acquisition of Warner Bros. Discovery, including film and television studios, HBO Max and HBO, after exclusive negotiations and a competitive bidding contest that outpaced Paramount Skydance and Comcast. The move represents a significant strategic shift for Netflix away from avoiding investments in traditional Hollywood studios. The European Union imposed a €120m penalty on X under the Digital Services Act for misleading verification, blocking researcher access, and failing to maintain an advertising repository, with the fine calculated without considering Elon Musk's personal fortune. UK ministers are considering expanding online safety rules to cover AI chatbots to protect children.
Read at Exchangewire
Unable to calculate read time
Collection
[
|
...
]