The European Commission on Thursday admonished Twitter for allegedly not being seriously committed to tackling disinformation as the company has reportedly lagged behind other tech giants in the last six months.
This comes as EU officials asserted that the Elon Musk-owned firm submitted to the EU an incomplete report about how it is fighting intentionally false and misleading information posted on the platform.
The EU has been taking decisive action to curb online hate speech and the spread of misinformation and extremism, with the regulatory Digital Services Act coming into effect next year to enforce social media platforms to protect people's life and safety. As the Internet is no longer a lawless land, Musk-owned Twitter could face fines and even a ban if goes down a shaky path.
Most European countries have never genuinely valued free speech. Yet, Brussels is taking this attitude to a new level by imposing a radical censorship mechanism intended to force social media companies — especially Twitter — to follow an imposed ideological content-moderation policy.
There's a 44% chance that Twitter's net income will be higher in 2023 than in 2022, according to the Metaculus prediction community.