Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X, formerly Twitter
www.cnbc.com
Thierry Breton, the European commissioner for the internal market, warns Elon Musk about disinformation on X related to the Israel-Hamas conflict.

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.

  • Clusterfck@lemmy.sdf.orgEnglish
    215·
    1 year ago

    Since Twitter lost $20 billion in value this year, he would argue that means the EU owes Twitter $1.2 billion.

    Edit: Yes, revenue vs profit. I get it. It was a joke.

    • English Mobster@lemmy.worldEnglish
      18·
      1 year ago

      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.

      • Treczoks@lemmy.worldEnglish
        6·
        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.

    • CileTheSane@lemmy.caEnglish
      4·
      1 year ago

      Since Twitter lost $20 billion in value this year, he would argue that means the EU owes Twitter $1.2 billion.

      Edit: Yes, revenue vs profit. I get it. It was a joke.

      Wouldn’t surprise me if that was Elon’s “strategy” here.