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Sunday, May 22, 2022

Elon Musk, EU say they agree on Twitter rules: ‘on the same page’

Elon Musk said he and the European Union are “on the same page” when it comes to regulating social media as the Tesla boss prepares to complete his $44 billion acquisition of Twitter.

EU Internal Markets Commissioner Thierry Breton posted a video on his Twitter account in which he is seen shaking hands with Musk on Monday at the Tesla Gigafactory in Austin, Texas.

In the video, EU officials tell Musk that they told Musk about the Digital Services Act.

“This fits in very well with what you think we should be doing,” Breton told Musk in a tweet that included the hashtag #DSA.

“I think it absolutely aligns with my thinking,” Musk replies.

The two did not elaborate on the new law, which imposes heavy fines on companies for not controlling illegal content.

For example, the rules ban advertising aimed at children or based on religion, gender, caste and political views.

Musk, which is on the verge of acquiring Twitter for $44 billion, and Breton signaled agreement on regulation of the social media platform.

Musk secured a deal to buy Twitter last month with a pledge to revive the company and expand the number of users by reducing the amount of moderation to crack down on spam bots and facilitate more “free speech.”

The billionaire’s comments prompted a counterattack from Breton that Twitter must comply with new EU rules known as the Digital Services Act to combat illegal online content.

“Alone, there are rules,” Breton told the Financial Times last month.

“You’re welcome but these are our rules. It’s not your rules that will apply here.”

Breton’s remarks came days after the European Union passed a sweeping bill called the Digital Services Act, which would require sites to more strictly monitor content about pandemics, wars, natural disasters and other emergencies that need to be addressed. Governments consider “disruption”.

For this they will also need to take a stern action against hate speech and harassment by the government.

If Twitter or any other social media site fails to comply with the rules, the EU has the power to fine them up to 6% of their revenue – or even ban them from working outright in Europe. banned from.

Elon Musk
Twitter’s board of directors last month accepted Musk’s $44 billion buyout offer.
Thierry Breton
Breton has warned Musk that Twitter will have to comply with European laws governing content moderation.
Getty Images

“If [Twitter] Doesn’t follow our law, there are restrictions,” Breton said.

“Anyone who wants to profit from this market must meet our regulations. Board [of Twitter] Ensure that it meets obligations if it operates in Europe, including moderation, open algorithms, freedom of speech, transparency in rules, obligations to comply with our own rules for hate speech, revenge porn Huh. [and] Harassment.”

World Nation News Deskhttps://www.worldnationnews.com
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
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