this post was submitted on 11 Oct 2023
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Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X (www.cnbc.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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.

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[โ€“] [email protected] 18 points 1 year ago (1 children)

Revenue, not profit.

In other words - Twitter would lose even more money. And they'd lose it to people that can take it straight from their bank accounts. 6% of it, to start with.

So $0.48 of every blue checkmark would go straight to the EU.

[โ€“] [email protected] 6 points 1 year ago

And, IIRC the penalty is based on last years or accounting periods data, i.e, from times where they still earned money.