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ELON Musk's $33 billion xAI acquisition of X has drawn fresh scrutiny from the European Union, as regulators evaluate potential fines under the Digital Services Act, Bloomberg News reported on ...
This investigation stems from how xAI’s acquisition of X in March increases the fine. The Commission can fine up to 6% of a company’s annual global revenue.
European regulators are examining structural changes at Elon Musk's social media platform X following its acquisition by xAI.
Elon Musk's company xAI acquired his platform X in May for €28 billion ($33 billion) - raising questions about the social ...
European Commission regulators have launched an in-depth inquiry into the corporate restructuring of X following its $33 ...
5d
Benzinga on MSNElon Musk's X Faces Scrutiny By European Watchdogs After $33 Billion Acquisition By XAI — Platform Could Face Fine, Ban In The EUEuropean regulators are examining structural changes at Elon Musk's social media platform X following its acquisition by xAI.
X CEO has announced that users will soon be able to trade and invest directly on the platform, turning it into an “everything ...
Tesla CEO Elon Musk says the EV giant is working with his AI venture xAI amid the rapid growth of humanoid robots.
Elon Musk’s $33 billion xAI acquisition of X has drawn fresh scrutiny from the European Union, Bloomberg News reported.
The European Union is intensifying its scrutiny of Elon Musk's xAI acquisition of X, potentially leading to significant fines ...
The European Union (EU) is probing Elon Musk’s X after its USD 33 billion acquisition by xAI, focusing on possible violations ...
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