World News

32291 readers

552 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

631

EU warns Elon Musk after Twitter found to have highest rate of disinformation (www.theguardian.com)

submitted 1 year ago by [email protected] to c/[email protected]

65 comments fedilink hide all child comments

Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

you are viewing a single comment's thread
view the rest of the comments

[–] Ddhuud 23 points 1 year ago (1 children)

I really hope Elon given the ultimatum would go for the nuclear option and shut down Twitter in Europe.

It wouldn't even be out of character, I can imagine him vomiting some "free speech" nonsense on his way out.

The company stock price would halve, but at the speed it is already going down it wouldn't even register.

[–] Chainweasel 12 points 1 year ago* (last edited 1 year ago) (1 children)

The company stock price would halve.

Elon took it private, it doesn't have a stock price anymore. But it does have a valuation, which is basically it's appraisal value, and that's already significantly lower than what he paid for it.

[–] [email protected] 3 points 1 year ago

It was valued at roughtly a third but that was before the rebrand, now it's probably quite a bit lower!