EU stops advertising on X over hate speech. Fines could follow next year

This comment will make me sound like an idiot, but I’m just coming to believe that all of Musk’s decisions with X were targeted to this very outcome. To be the world’s centre of alt right propaganda. It just makes too much sense now.

Misinformation has already spread in the continent. This will be downvoted but "too little, too late" is the only thing that comes to my mind reading that piece of news.

Elon was mulling pulling out of the EU and I really want this dumbass to follow through on that threat.

I feel like the EU is one of the few forces of good in the world these days.

What exactly does the EU advertise?

Is Elon Musk finally in the 'find out' stage of this whole fiasco?

I imagine this will make musk's "thermonuclear lawsuit" lose a few teeth

I love this, go get that refund! Should have happened a lot earlier though

This is the best summary I could come up with:

In October, a few days after Palestinian militant group Hamas launched a deadly attack on Israel, the European Commission asked X to provide details of the actions it was taking to combat the spread of “illegal content and disinformation” on its platform.

A tidal wave of antisemitism, Islamophobia and misinformation has engulfed social media platforms in recent weeks since the unprecedented October 7 attack by Hamas, followed by air strikes and a ground offensive by Israel against the Hamas-controlled enclave of Gaza.

“It is unacceptable to repeat the hideous lie behind the most fatal act of antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust,” White House spokesperson Andrew Bates said in a statement to CNN.

Germany’s Federal Anti-Discrimination Agency, which promotes equal treatment at work and in everyday life, announced on October 11 that it would stop using X entirely, citing an “enormous increase” in discriminatory and hateful speech on the platform.

“Ministries and state bodies should ask themselves whether it is still acceptable to remain on a platform that has become a disinformation network and whose owner spreads antisemitic, racist and populist content,” Ferda Ataman, Germany’s independent federal commissioner for anti-discrimination, said in a statement.

Sandra Wachter, a professor of technology and regulation at the Oxford Internet Institute, said they are required by the DSA to treat their boss like any other user by, for example, taking down his posts or flagging them as problematic if they break EU rules.

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That's not a good idea, if they don't advertise I won't know about the European Union.

Why next year?

I believe it will be a big wave of new users into the fediverse soon.

I mean all social media has hate speech of one kind of another and it's almost all misinformation or part truths. Really depends on the agenda.

I get, and approve of, ending your sponsorship via ads. But I don't think legal recourse should be rewarded.

Any business transaction has risk. If you decide to advertise on Superbowl, you're putting your chips on NFL.

If you're advertising on Twitter, after the Musk purchase, your money is on Musk and Twitters staff to continue the value. If Musk says stupid shit that devalues your investment... well, that's on you for putting your money on it, and not exercising your exit clause a year ago.