The European Commission has fined X €120 million for violating the transparency requirements set out in the Digital Services Act (DSA), according to the Commission’s press service.
The company is accused of using a misleading “blue check” design, maintaining a non-transparent advertising repository, and restricting researchers’ access to public data.
According to the Commission, X allows users to obtain “verified” status without any real verification, which misleads the public and creates risks of fraud.
The platform’s ad repository also lacks essential information about ads and their sponsors, while technical barriers prevent proper analysis of advertising risks.
X further failed to comply with DSA rules on providing researchers access to public data. Its terms of service prohibit even qualified researchers from independently collecting such data, including through scraping. The access procedures include excessive restrictions that prevent studying systemic risks in the EU.
The company has 60 working days to report on measures taken to address the violations, and 90 days to submit an action plan to fix issues with the ad repository and data access. This marks the EU’s first formal finding of non-compliance under the DSA.
The European Union’s ban on the sale of new internal combustion engine (ICE) vehicles from 2035 no longer appears unshakeable. According to Carscoops, German Chancellor Friedrich Merz has sent a letter to European Commission President Ursula von der Leyen urging the EU to allow European car manufacturers to continue selling new ICE models even after […]
Hungary has blocked the adoption of a potential EU decision to issue eurobonds to finance Ukraine. The proposal was put forward by the European Commission as an alternative to the “reparations mechanism” based on frozen Russian assets, Politico reports. During a meeting of EU ambassadors in Brussels on Friday, December 5, Budapest rejected the idea […]
U.S. billionaire Elon Musk has called for the European Union to be “dissolved” after the European Commission fined his social media platform X (formerly Twitter). He wrote about this on X. “The EU should be disbanded and sovereignty returned to individual countries so that governments can better represent their people,” Musk stated. Earlier, the businessman […]
Ukraine has launched the first payments of ₴6,500 for vulnerable categories of citizens, Prime Minister Yuliia Svyrydenko announced. Some banks are still processing the transfers. A total of 323,443 people have already applied for this support. Applications can be submitted through Diia or at a Pension Fund office until December 17. Svyrydenko reminded that the […]
The chemical plant Farg’onaazot in Uzbekistan is supplying Russia with a chemical substance critical for the production of Iskander-M ballistic missiles. This is evidenced by a study by the Economic Security Council of Ukraine (ESCU). The main component of the solid fuel used in Iskander missiles is ammonium perchlorate, which Russia cannot produce on an […]
Romania has approved a decree allowing the government to take state control of the assets of Russia’s Lukoil due to sanctions, Reuters reports. The Romanian government has now obtained the right to appoint special administrators for companies under international sanctions if their activities threaten energy security, cause price spikes, or disrupt the functioning of economic […]
With the “right steps,” Ukraine’s GDP could surpass Russia’s over the next decade. This was stated by U.S. Secretary of State Marco Rubio in an interview with Fox News. According to him, the United States wants Ukraine’s economy not only to recover after the war but to “begin to actively prosper.” Rubio emphasized that this […]
The “Astelit” company in the near future will carry out the rebranding of mobile operator life. It is not just about changing the symbols and corporate colors, but also to change the name: new brand can get a name ‘lifecell’ similar to the parent company Turkcell. As well as the logo symbol of the Turkish […]
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According to Interfax-Ukraine, Volodymyr Groysman met with Don Grantham yesterday. The Prime Minister of Ukraine discussed with Microsoft Central & Western Europe President the possibility of using modern technologies in the process of implementing reforms in Ukraine. Groysman said that Ukraine was hard up in technologies decisions. The authority is ready to cooperate with the […]
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The Stockholm arbitration prohibited the “Odessa Portside Plant”, PJSC to alienate non-current assets, according to the press-service of Group DF. “March 31, 2016 the Stockholm arbitration satisfied the request of the Ostchem Holding Ltd (included in Group DF) and ordered the OPP till August 31, 2016 to refrain from alienation or encumbrance in any way […]
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This year, the state enterprise Antonov is preparing an order for four An-74 aircraft. Deputy Prime Minister – Minister for Strategic Industries Oleg Urusky, stated this. “In order for our aviation industry to function properly, we must talk about dozens of orders. In addition, this year we are preparing an order for four An-74 aircraft. […]
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Mitsubishi Motors has announced a large-scale recall of 91,697 vehicles in the U.S., covering both standard Outlander models and plug-in hybrid versions, Reuters reports. According to the U.S. National Highway Traffic Safety Administration, the issue involves the rear liftgate. The defect is linked to the brackets that support the tailgate. Due to their faultiness, the […]
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The international company Strauss Group is one of the largest coffee manufacturers in the world. They put into operation a warehouse and distribution center on the street in the third quarter of 2020. It’s located on Novopyrohivska str, 56a in the Holosiivskyi district of Kyiv. “An innovative distribution center opened in Ukraine in the third […]
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China’s Heihe Rural Commercial Bank, which came under EU sanctions, has stopped accepting payments from Russia, Russian media report. The information was confirmed by sources at two Russian banks and four importers facing the issue. Heihe Rural Commercial Bank had been among the last Chinese lenders willing to open correspondent accounts for Russian financial institutions […]
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Private equity firm GTCR has reached a €4.1 billion ($4.8 billion) deal to acquire Czech generics drugmaker Zentiva from Advent International, Financial Times reported on Wednesday, citing unnamed sources. Reuters was unable to immediately confirm the information. GTCR, Advent, and Zentiva did not respond to Reuters’ requests for comment. According to the report, the transaction […]
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India will continue importing Russian crude oil despite threats of sanctions from the administration of U.S. President Donald Trump, The New York Times reports, citing its sources. Trump had earlier warned of potential additional tariffs on Indian imports if New Delhi does not stop purchasing Russian oil. However, sources in India confirmed that no official […]
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The Converse brand has opened a virtual store on a garbage island in the Pacific Ocean, which consists of 80,000 tons of plastic and is larger than the area of France. The offers of this outlet can be found on the store’s website. It is reported that the Renew Labs space was developed by Virtue. […]
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UK will provide humanitarian assistance to Ukraine in the amount of 6.5 million dollars to support the regions in the east of the country affected by the armed conflict and the pandemic, said in the statement issued by the Foreign Ministry of the United Kingdom. This was reported by TASS. As specified, the allocation of […]
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Kyiv and the European Bank for Reconstruction and Development (EBRD) signed a memorandum of understanding on cooperation in supporting the integrated infrastructure of capital markets in the country, which provides for the launch of a new stock exchange, on the sidelines of the Rome Conference on Ukraine’s Recovery. This was reported by the Ministry of […]
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KSG Agro has received permission to export pork to Georgia. The first shipment is scheduled for June. “Pig-breeding business of KSG Agro has successfully passed the test of the National Food Agency of the Ministry of Agriculture of Georgia and received permission for the supply of pork to the country”, – said in a statement […]
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Office of the Attorney General suspects the former owner of Delta Bank, Mykola Lahun, of tax evasion in the amount of 33 million hryvnias. According to the investigation, in February 2015, the former owner of Delta Bank JSC received more than 153 million hryvnias as payment for the purchase of registered shares of the bank […]
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The Commercial Court of Kyiv suspended the decision of the Antimonopoly Committee, which seized the accounts of tobacco companies as part of a forced fine of UAH 6.5 billion. “The court rejected their request. We welcome this decision, since the arrest of accounts could endanger the normal functioning of large companies and negatively affect tax […]
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Recently resolved a long legal battle between the two eternal rivals -Samsung Electronics Co. and Apple Inc. December 4, 2015 in the US District Court in San Jose, California, Samsung representatives said that they will pay Apple compensation in the amount of $548 million in the case of patent rights. This amount today suits both […]
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