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HomeTechElon Musk, EU Business Chief Focus on Digital Companies Act

Elon Musk, EU Business Chief Focus on Digital Companies Act

EU business chief Thierry Breton met Tesla¬†boss Elon Musk in Texas on Monday and the 2 signalled settlement on EU digital media regulation forward of Musk’s buy of Twitter.

The assembly comes weeks after the world’s richest man clinched a deal to purchase the social media firm for $44 billion (roughly Rs. 3,40,270 crore) in money.

In a video with the 2 males posted on Twitter by Breton, the EU official tells Musk that he defined the Digital Companies Act to Musk. “It matches fairly nicely with what you suppose we should always do,” Breton tells Musk in a tweet that included the hashtag #DSA.

“I believe it is precisely aligned with my pondering,” Musk responds.

The 2 didn’t go into element on the brand new regulation, which levies hefty fines on firms if they don’t management unlawful content material. The principles ban promoting geared toward kids or based mostly on faith, gender, race, and political views, for instance.

Musk secured the deal to purchase Twitter final month with a pledge to revitalise the corporate and broaden the variety of customers by cracking down on spam bots and decreasing the quantity of moderation to facilitate extra “free speech”.

The billionaire’s feedback prompted a rejoinder from Breton that Twitter should adjust to new EU guidelines often known as the Digital Companies Act tackling unlawful on-line content material.

Breton and Musk had been anticipated to debate world provide chain points in the course of the EU official’s go to to Tesla’s new Austin plant.

© Thomson Reuters 2022

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