exclusive
30:03

Musk’s Empire Risks Being Targeted by EU for Potential X Fines The Andrew Eborn Show

Buy video

Join this channel to get access to perks:
https://www.youtube.com/channel/UCo_jm9CjjlJ3yz99nXJaCdw/join

• Potential fine for X: The European Commission is considering including revenues from Elon Musk's other businesses (e.g., SpaceX, Neuralink) when calculating a potential fine for X under the Digital Services Act (DSA), which could significantly increase the penalty.
• Digital Services Act (DSA): The DSA allows for penalties of up to 6% of a company’s annual global turnover for failing to curb illegal content and disinformation. The EU's probe into X is related to the spread of illegal content, especially after the Hamas attacks in 2023.
• X under scrutiny: The EU opened an investigation into X in 2023 regarding the spread of terrorist and violent content. While no final decision on a fine has been made, the EU is looking to impose penalties strong enough to deter further violations.
• Legal options for X: X can challenge any fine and may take legal action against the EU if it believes the commission's actions are unlawful.
• Compliance issues: X has previously failed to comply with some DSA regulations, including prohibiting dark patterns and providing data access to researchers.
• Other platforms under scrutiny: Meta has also faced criticism from the EU for not adequately protecting children from social media addiction under the DSA.
https://www.ft.com/content/539ccfd2-c568-4d57-b550-b8c5984889fa
https://www.independent.co.uk/tech/bluesky-x-twitter-elon-musk-block-b2630894.html

BlueSky down: X/Twitter competitor knocked offline after mass exodus from Elon Musk’s site

• BlueSky outage: The social media platform experienced technical problems after a surge in users leaving X (formerly Twitter).
• X changes block button: Elon Musk announced that the block button on X would no longer hide profiles from certain accounts, sparking concerns among users.
• Mass exodus to BlueSky: Following the change, BlueSky saw over 100,000 new signups in just 12 hours but struggled to handle the influx, leading to login issues and outages reported by users.
• BlueSky promotes safety: In response, BlueSky emphasized its commitment to online safety, allowing users to block others and customize their experience.
• Criticism of Musk's change: Critics argue that removing or altering the block button could harm vulnerable users, especially women, by making it harder to avoid online harassment.
4o


Musk steers X disputes to conservative Texas courts in service terms update

• Xhttps://www.theguardian.com/technology/2024/oct/17/elon-musk-x-terms-of-services-texas

updates terms of service: Elon Musk's social media platform, X (formerly Twitter), now requires all user lawsuits to be filed in the northern district of Texas or Tarrant County state courts, starting November 15.
• Unusual venue choice: X's headquarters is in Bastrop, Texas (in the western district), but the northern district was chosen, a location known for conservative rulings and not typically where X operates.
• Strategic selection of Texas courts: The northern district of Texas is favored by conservative activists and business groups aiming to challenge Joe Biden's policies, leading critics to label the tactic as "judge-shopping."
• Musk's political alignment: Elon Musk has increasingly supported conservative causes, including financial backing for Donald Trump's presidential campaign.
• Existing lawsuits in northern Texas: X has two ongoing lawsuits in this district, including one against Media Matters for defamation and another antitrust case targeting advertisers accused of boycotting X.
• Judge Reed O'Connor's involvement: Both cases were initially assigned to Judge Reed O’Connor, known for blocking Biden administration policies and previously ruling Obamacare unconstitutional. Although he stepped down from the antitrust case due to a conflict of interest, he remains on the Media Matters lawsuit.

Categories

Tags

From the blog

Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video

Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.

View post

Buy video