The European Union reviews changes to the architecture of Musk's X platform after xAI's acquisition for $33 billion and is required to provide more information.
On June 20, according to reports, the European Commission stated on Thursday that it is requesting more information from Musk’s X platform regarding corporate structure changes, following the acquisition of X by the artificial intelligence company xAI for $33 billion. An EU spokesperson emphasized: We are closely following the corporate structure changes of the X platform, just as we do with other designated platforms.
In July last year, the EU preliminarily identified that the X platform had “deceptive design” violations, including converting the blue V certification into a paid service, which resulted in a distortion of user credibility. To avoid penalties, the X platform has added a disclaimer for the blue V mark this month.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The European Union reviews changes to the architecture of Musk's X platform after xAI's acquisition for $33 billion and is required to provide more information.
On June 20, according to reports, the European Commission stated on Thursday that it is requesting more information from Musk’s X platform regarding corporate structure changes, following the acquisition of X by the artificial intelligence company xAI for $33 billion. An EU spokesperson emphasized: We are closely following the corporate structure changes of the X platform, just as we do with other designated platforms.
In July last year, the EU preliminarily identified that the X platform had “deceptive design” violations, including converting the blue V certification into a paid service, which resulted in a distortion of user credibility. To avoid penalties, the X platform has added a disclaimer for the blue V mark this month.