Technology

58727 readers

4370 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

689

EU considers calculating X fines by including revenue from Musk’s other firms (arstechnica.com)

submitted 20 hours ago by Xatolos@reddthat.com to c/technology@lemmy.world

97 comments fedilink hide all child comments

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

[–] Blemgo@lemmy.world 12 points 3 hours ago (2 children)

While I have no idea about legality, it is quite obvious that X/Twitter is not really run as a company run as a public communications platform, but rather as a fever dream of Musk.

Especially the Eli Lily Co. disaster should've been a wake up call for X of how much harm the fake checkmarks can bring, yet nothing was done. Most likely because Elon Musk didn't care. He basically runs it like it's how little service that he fully owns and controls with full disregard to anything but his own vision.

Therefore including his other businesses makes sense, as the fine that is only based on X's income would probably be negligible in his opinion, as he runs it on a loss anyways. Only bigger fines would actually have any effect in my opinion.

[–] chiliedogg@lemmy.world 2 points 23 minutes ago

I still can't believe nothing substantive came of that.

It was incredibly harmful to the reputation and stock value of multiple pharmaceutical companies as well as Twitter. And then the greedy pharma assholes had to publicly announce they were still price-gauging people for life-sustaining medicine, making the reputational damage even worse.

[–] sugar_in_your_tea@sh.itjust.works 0 points 1 hour ago (1 children)

That very much reads like "the ends justifies the means" logic. If a fine isn't likely to change behavior, they should just block the platform.

[–] Tabula_stercore@lemmy.world 2 points 1 hour ago

Wven better, do like brazil; block and fine