843

Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X (www.cnbc.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

179 comments fedilink hide all child comments

Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X::Thierry Breton, the European commissioner for the internal market, warns Elon Musk about disinformation on X related to the Israel-Hamas conflict.

you are viewing a single comment's thread
view the rest of the comments

[-] fmstrat@lemmy.nowsci.com 8 points 11 months ago

$2bn in 2022 for non-US. https://www.businessofapps.com/data/twitter-statistics/

Assume 80% of that is Europe, and a 25% drop in revenue since X, is $1.2bn, then 6% is $72m. This would likely be a daily fine of about $197K per day USD, minus shifty billionaire revenue reporting.

[-] Loewi_CW@lemmy.world 5 points 11 months ago

EU revenue fines are generally calculated by global revenue cause companies always try to shift the money to other countries.

[-] jarfil@lemmy.world 0 points 11 months ago* (last edited 11 months ago)

Assume 80% of that is Europe, and a 25% drop in revenue since X

What's the basis for assuming a 25%? Instead of, let's say, a 90%?

this post was submitted on 11 Oct 2023

843 points (94.5% liked)

Technology

58123 readers

4297 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS