European regulators just dropped a massive €120 million penalty on a major social media platform—the timing couldn't be more sensitive given the current political climate in Washington. This enforcement action marks one of the heftiest fines imposed under the bloc's digital content regulations. The decision puts Brussels on a potential collision course with the incoming administration, as the platform's owner has close ties to the president-elect. Regulatory tensions between tech giants and government authorities continue heating up across both sides of the Atlantic.
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NFTFreezer
· 9h ago
This €1.2 million fine from the EU probably hit a nerve... Washington over there is probably worried about the trouble.
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ZKProofEnthusiast
· 9h ago
Hmm... the EU really dares to take action. This situation is getting interesting. Washington is probably going to blow up.
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LayerZeroHero
· 9h ago
It turns out that the battle between regulation and capital will never end... What is the real attack vector behind this €120M fine? On the surface, it's about content moderation, but what is it actually?
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GasWaster
· 9h ago
The timing of this EU fine is truly perfect, it's almost as if they're naming names directly. Are Silicon Valley's glory days coming to an end?
European regulators just dropped a massive €120 million penalty on a major social media platform—the timing couldn't be more sensitive given the current political climate in Washington. This enforcement action marks one of the heftiest fines imposed under the bloc's digital content regulations. The decision puts Brussels on a potential collision course with the incoming administration, as the platform's owner has close ties to the president-elect. Regulatory tensions between tech giants and government authorities continue heating up across both sides of the Atlantic.