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:
- Banks could be stung for €5bn under GDPR, screams latest report on industry readiness
June 15, 2017
European banks could face fines totalling €4.7bn in the three years after General Data Protection Regulation comes into force, according to a report from data security solutions firm AllClear ID. The latest in a string of sales pitches reports on businesses’ preparedness for GDPR to land in The Reg‘s inbox says that banks are not properly ...
- New SEC enforcement chiefs see cyber crime as biggest market threat
June 9, 2017
Hackers are increasingly breaking into brokerage accounts to steal assets or make illegal trades, prompting U.S. securities regulators to start tracking cyber crimes more closely, two newly appointed enforcement officials said in an interview on Thursday. On Thursday, the U.S. Securities and Exchange Commission named Stephanie Avakian and Steven Peikin as new co-directors of enforcement. In an ...
- Infrastructure Software Vulnerabilities Raise Concern Among Cybersecurity Experts
June 9, 2017
Vulnerabilities in software that automates everything from factories to traffic lights has become the nation’s top cybersecurity threat, an agent on the FBI’s Denver Cyber Task Force said Thursday in Colorado Springs. Supervisory control and data acquisition software is used to control — sometimes remotely — many types of devices in the energy, transportation, manufacturing and ...
- China’s Cyber Security Law: The Impossibility Of Compliance?
May 29, 2017
China’s much-anticipated Cyber Security Law (CSL) will come into effect on 1 June 2017. The new law is the first comprehensive law to address cyber security concerns at the national level and to some extent consolidates cyber activities captured in other laws and regulations. The move by China to beef up its laws and regulations governing ...

