Elon Musk reacted furiously after the EU imposed a €120 million fine on his platform, X, for violating the Digital Services Act. , Companies, Times Now

Elon Musk’s attempt to turn blue checks into a revenue stream for X has hit a major hurdle. The European Commission, the EU’s executive branch responsible for enforcing the bloc’s laws, just hit X with a fine of 120 million euros (about $140 million) for breaking transparency obligations under its Digital Services Act.

Elon Musk’s X was hit with a $140 million fine on Friday over alleged breaches of Europe’s Digital Services Act, the online safety law meant to protect the digital space by cracking down on illegal or potentially harmful content, in a move rejected by Musk and officials in the Trump administration in which he used to serve.

Mario Nawfal has a knack for getting Mr. Musk’s attention online, and for turning that into big business. When the far-right Romanian politician Calin Georgescu was arrested early this year, during a failed run for president that led to accusations of campaign fraud, he made an important phone call.

Elon Musk has persuaded a judge that his longtime lawyer Alex Spiro can represent him in a shareholder lawsuit over the billionaire's 2022 Twitter acquisition even though he may be a trial witness in the case.