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6 hours agoDigest: Netflix to Acquire Warner Bros Discovery; X Hit with 120m EU Penalty; UK Eyes Tougher Laws for AI Chatbots
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.
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