Updated: 9h| Published: 39h
The European Commission fined X, formerly Twitter, €120 million for breaching the Digital Services Act (DSA) and separately launched an investigation into Google, owned by Alphabet, for allegedly using media content without permission to train its AI tools.The penalty against X addresses its misleading paid verification system, which the Commission believes creates confusion and can lead to scams, drawing strong criticism from X owner Elon Musk and Donald Trump.The investigation into Google, led by European Commissioner for Competition Teresa Ribera, will examine whether the company distorts competition by obtaining content for free for AI training, disadvantaging rival AI model developers.
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ElonMusk

The European Commission fined X, formerly Twitter, €120 million for breaching the Digital Services Act (DSA) and separately launched an investigation into Google, owned by Alphabet, for allegedly using media content...

39h/9h
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MichaelField

The European Central Bank warned that high valuations in AI-related stocks and concentrated investments in American hyperscalers such as Nvidia, Alphabet, Microsoft, and Meta could trigger significant market corrections...

2 Dec
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