Thursday, June 19, 2025

EU probes Musk's xAI buyout of X: Bloomberg News report

The European Union is intensifying its scrutiny of Elon Musk's xAI acquisition of X, potentially leading to significant fines under the Digital Services Act. Regulators are examining X's corporate structure post-acquisition and probing alleged DSA infractions, including deceptive design related to the blue checkmark verification system.

from Tech-Economic Times
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