The EU has launched a compliance investigation into the X platform, following concerns about the risks associated with the structural changes after the xAI acquisition.
[Coin World][EU Plans to Launch Compliance Investigation on X Platform] The European Commission stated on Thursday that it is requesting more information from Elon Musk’s X platform regarding changes in corporate structure, following the artificial intelligence company xAI’s acquisition of X for $33 billion. An EU spokesperson emphasized: We are closely following the corporate structure changes of X platform, just like we do with other designated platforms. In July last year, the EU initially identified that X platform had “deceptive design” violations, including the switch of blue V verification to a paid service, which distorted user trust. To avoid penalties, X platform has added a blue V label disclaimer this month.
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The EU has launched a compliance investigation into the X platform, following concerns about the risks associated with the structural changes after the xAI acquisition.
[Coin World][EU Plans to Launch Compliance Investigation on X Platform] The European Commission stated on Thursday that it is requesting more information from Elon Musk’s X platform regarding changes in corporate structure, following the artificial intelligence company xAI’s acquisition of X for $33 billion. An EU spokesperson emphasized: We are closely following the corporate structure changes of X platform, just like we do with other designated platforms. In July last year, the EU initially identified that X platform had “deceptive design” violations, including the switch of blue V verification to a paid service, which distorted user trust. To avoid penalties, X platform has added a blue V label disclaimer this month.