X (nee Twitter) has become the first company to be fined under the European Union’s Digital Service Act (DSA). The European Commission announced that X will be fined €120 million (about $140 million) and could face “periodic penalty payments” if the Elon Musk-owned platform fails to comply with the DSA.
The fine stems from what the EU considers three violations: deceptive design around the ‘blue checkmark’, failure to provide public data to researchers, and a lack of transparency and…