EU fines social media platform X €120 million for regulatory breaches

The European Commission has fined social media platform X €120 million ($140 million) for allegedly breaching new EU digital regulations. The violations cited by the Commission include the issuance of "deceptive" blue tick verification badges, a lack of transparency in advertising due to the absence of a public list of advertisers, and the failure to provide researchers access to public data necessary for monitoring political content and other contentious issues.

This fine reflects the EU"s ongoing efforts to enforce compliance with its digital regulations, aimed at increasing accountability and transparency among social media platforms. The decision comes amid a broader context of regulatory scrutiny facing tech companies operating within the European Union.

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