The European Commission has completed its initial probe into social media platform X and will soon decide to impose a fine worth millions of euros, Germany's Handelsblatt newspaper reported on Friday,

The European Commission said on Friday it was stepping up its investigation into whether Elon Musk's social media network X breached EU rules on content moderation with requests for information and an order for it to retain relevant documents.

US President Donald Trump blasted European Union regulators for targeting Apple Inc., Alphabet Inc.’s Google and Meta Platforms Inc., describing their cases against American companies as “a form of taxation.

The EU has sought X’s commercial APIs and Internal documentation related to content moderation and account virality.

Spanish Prime Minister Pedro Sánchez is launching a crusade against what he sees as the downsides of social media

The EU on Friday demanded X hand over more details about its algorithms and any future changes as part of its wide-ranging probe into the platform, as Elon Musk's outbursts on European politics ramp up pressure for the bloc to act.

European regulators announced new orders demanding X turn over its recommendation algorithm to evaluate whether it violates any EU laws.

Ms Henna Virkkunen says the EU is assessing whether Musk’s X social network breached its content moderation rulebook. Read more at straitstimes.com.

The Commission said President-elect Donald Trump’s return to the White House did not affect its commitment to enforcing its laws.

With social media companies rolling back their efforts to crack down on rampant falsehoods, misinformation, and disinformation, all of that can be incredibly dangerous and cost lives in times of crisis and natural disasters,

ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus President Nikos Christodoulides said on X.