An EU official has warned Musk that he will have to “follow our rules” while buying Twitter
Elon Musk’s Twitter profile appears on a smartphone placed on the Twitter logos printed in this illustration taken on April 28, 2022.
given by ruvich | Reuters
A senior EU official received a warning from Elon Musk on Friday about his $44 purchase Twitterby telling the billionaire that he will have to play by the rules.
After an encrypted tweet from Musk indicating that he had completed his takeover of Twitter, Thierry Breton, the European Commissioner for the Internal Market, warned Musk that he would have to comply with the bloc’s new digital regulations.
“The bird is set free,” Musk wrote on Twitter. In response, Breton said in a tweet: “In Europe, the bird will fly according to our rules.”
Although not officially confirmed, a spokesperson for crypto exchange Binance, which provided Musk equity funding for the Twitter acquisition, said the deal was completed on Friday.
Musk, one of the most popular Twitter users, is known for tweeting everything from ads about him Tesla And his other companies, to memes and attacks on his critics.
The CEO of Tesla and SpaceX previously called himself “theAbsolute freedom of expressionAnd he says he wants to reform Twitter as a “digital town square” with fewer restrictions on what users can say.
This will have implications for the way content is moderated on Twitter, a major concern for regulators looking to rein in the digital giants over the spread of hate speech and misinformation online.
Under the approval of the European Union recently Digital Services LawBig tech companies will be required to have robust content management systems in place to ensure they can quickly remove illegal material such as hate speech, incitement to terrorism and child sexual abuse.
For his part, Musk said that he will not allow illegal content on the platform.
EU rules are expected to come into effect by 2024. Companies can be fined up to 6% of global annual revenue for violations.
“The need for rules and accountability is greater than ever,” said Guy Verhofstadt, a member of the European Parliament, on Friday.
“So one man @elonmusk now has the biggest debate in the world…” he tweeted. “Self-regulation in social media has never worked…even with less personalities than him.”
Breton, the former CEO of French IT consultancy Atos, is seen as a key architect of digital reforms in the European Union. along with Digital Markets LawThe Digital Services Act, which seeks to curb the dominance of internet giants, is part of a bold plan by the bloc to regulate big tech companies.
In May, Musk and Britton met in person, and Musk said at the time that the Digital Services Act was “perfectly in line with my thinking.”
But regulators on both sides of the Atlantic are concerned that Musk, for example, may allow former President Donald Trump to return to the podium. Musk who said earlier Ban will reverse At Trump’s expense, it was reported It intends to cancel the ban for life on Twitter users, according to Bloomberg.
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