X hit with $140 million fine from the EU

The European Commission has fined Elon Musk’s X €120 million (around $140 million) for breaching its transparency rules under the . The European Union’s executive arm that it was investigating the social media company’s blue checkmarking verification system — first introduced when it was still known as Twitter — last year, along with other alleged DSA violations. Today’s concerns the “deceptive design” of the checkmark, as well as “the lack of transparency of [X’s] advertising…