Elon Musk is considering taking X out of Europe amid EU compliance investigation
AI summary of the linked articleElon Musk has suggested X could stop being accessible in Europe to avoid new regulation enacted by the European Commission, according to a person familiar with the company. That person said Musk has grown frustrated with complying with the Digital Services Act and has discussed removing the app's availability in the region or blocking EU users. The EU commissioner Thierry Breton said the Commission is formally investigating X's compliance with the law, and the Commission can impose periodic penalty payments of up to 6% of global revenue. Europe accounts for about 9% of X's global monthly active users, per Apptopia data, and X has closed its offices in Paris, Madrid and Berlin. Musk described Insider's report as "utterly false." |
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