Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the U.S. government.
While X did not respond to an emailed request for comment, Musk replied “Bullshit” under a European Commission post about the fine. He also reposted several messages criticising the decision and wrote: “Freedom of speech is the bedrock democracy. The only way to know what you are voting for.” X’s rival TikTok staved off a penalty with concessions.
Read more…
Source: Reuters News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Estonian state continuing to collect personal telecoms data
August 4, 2023
Obtaining data from telecoms firms in the course of criminal investigations in Estonia still goes on, despite stricter limits put in place by the European Union from last year. In April 2022, the European Court of Justice (ECJ) found that the wholesale storage of personal data, even in the interests of fighting crime, runs counter to ...
- FBI was using advanced hacking software despite White House ban
August 2, 2023
Since November of 2021, US-based companies have been barred from doing business with the NSO Group, an Israeli research firm behind some of the most advanced hacking tools the tech world has ever seen. Come to find out, a New York Times investigation from this past April revealed that a US government agency was actively using ...
- UK spy agencies want to relax ‘burdensome’ laws on AI data use
August 1, 2023
The UK intelligence agencies are lobbying the government to weaken surveillance laws they argue place a “burdensome” limit on their ability to train artificial intelligence models with large amounts of personal data. The proposals would make it easier for GCHQ, MI6 and MI5 to use certain types of data, by relaxing safeguards designed to protect people’s ...
- Capita boss quits as fine looms for huge hack of confidential data
July 31, 2023
The chief executive of outsourcing firm Capita is to step down as the company reels from a cyber-attack that could result in a hefty fine from the UK’s information and privacy regulator. Capita said Jon Lewis would step down by the end of the year, making way for Adolfo Hernandez, the vice-president of telecommunications at Amazon ...
- New SEC rule requires public companies to disclose cybersecurity breaches in 4 days
July 26, 2023
The Securities and Exchange Commission adopted rules Wednesday to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines. Delays will be permitted if immediate disclosure poses serious national security or public safety risks. The new rules, passed by a 3-2 vote, also require publicly traded companies to annually ...
- Seven AI companies commit to safeguards at the White House’s request
July 21, 2023
Microsoft, Google and OpenAI are among the leaders in the US artificial intelligence space that have committed to certain safeguards for their technology, following a push from the White House. The companies will voluntarily agree to abide by a number of principles though the agreement will expire when Congress passes legislation to regulate AI. Read more… Source: Engadget