X024 Archivesnota gatekeeper platform and therefore not beholden to the Digital Markets Act strict list of regulations.
But the reason why X isn't one of the seven Big Tech companies that are required to comply with certain fair business practices might sting Elon Musk's ego a bit.
This announcement came from the European Commission in a press release on Wednesday morning. X doesn't qualify as a gatekeeper because the assessment from the Digital Markets Advisory Committee, "revealed that X is not an important gateway for business users to reach end users."
Musk will no doubt be happy that his company doesn't have to adhere to the DMA's "do's and don'ts" which if violated, amount to a penalty of 10 percent of the company's global turnover. But the Commission's conclusion that X isn't an important enough platform for businesses to impact users is like rubbing proverbial salt on the wound of X's current advertising situation.
About a year ago, many big ticket companies including Apple and Disney pulled their ads from X in the wake of antisemitic and hate speech comments posted by Elon Musk. Musk since apologized for his remarks, but revenue has reportedly tanked, since the CEO took over the company which relies heavily on an advertising model. More recently, X filed an antitrust lawsuit against advertisers, claiming they conspired against the X to hurt it financially.
That said, X didn't want to be classified as a gatekeeper anyway. According to the Commission's announcement, X submitted "rebuttal arguments, explaining why its online social networking service should not, in its view, qualify as an important gateway." The seven Big Tech companies classified as gatekeepers are Alphabet (Google's parent company), Amazon, Apple, ByteDance (TikTok's parent company), Meta, Microsoft, and Booking.com. Yeah, Booking.com is a gatekeeper and X isn't. Let that sink in.
Topics X/Twitter
Google Drive's full system backup and sync app is available now'Overwatch' will have inHow to protest online for the Day of Action to Save Net NeutralityAlmost no big retailers support Bitcoin, and it's not hard to guess whyHey, women: Here's how to soften life's toughest emails using exclamation points!KFC is selling space junk shaped like a chicken sandwichFacebook Spaces adds live video, letting users without Oculus Rift peek into VR in real timeMicrosoft commits to bringing broadband internet to rural AmericaThe 10 best Chocobos, rankedFree robot lawyer helps lowA Quentin Tarantino movie about the Manson murders is a disgusting ideaFontgate could topple the Pakistani Prime Minister's corruption caseNetflix is adapting the brilliant comic from the guy who fronted My Chemical RomanceProfessor writes rant after no one shows up to his classDoomfist's 'Overwatch' skins are here and we need them nowMan has the best response to manager who asked him to remove his makeupThe 10 best Chocobos, rankedBrace yourself: More ads are coming to Facebook MessengerHow to protest online for the Day of Action to Save Net NeutralityHere's a sad list of iPhone 8 features Apple is reportedly struggling with Staff Picks: Biennial Cataloguing, Southern Gothic Horror by The Paris Review Horsemaning, Mars, and a Tiny Book by Sadie Stein A Badjohn in Harlem: An Afternoon with Earl Lovelace by Anderson Tepper “The Rat Is a Hero”: In the Studio with Emily Mayer by Daisy Atterbury The Smell of Books; the Power of ‘Wuthering Heights’ by Sadie Stein The Wizard of West Fifty The History of English in Ten Minutes, Dystopian Dream Books, and Other News John Jeremiah Sullivan, Wilmington, NC by Matteo Pericoli Show Us Your Moleskine! by The Paris Review Scandals, Contests, and Noms de Guerre by Sadie Stein ‘Bartleby,’ ‘Star Wars,’ and Animal Authors by Sadie Stein Something for Nothing by Ian Crouch Dear Don Draper, I Think I Understand by Adam Wilson On Tour with the Magnetic Fields: Part 2 by Emma Straub Staff Picks: Genet’s Maids, Hockey, and Vivaldi by The Paris Review Dear Don Draper, Relax Already by Adam Wilson The Regulars by Josh Dzieza Jack London Advises; Baboons “Read” by Sadie Stein Vote for TPR in the Final! by Sadie Stein Green Car, Nightfall by Margaret Weatherford
2.6416s , 10106.84375 kb
Copyright © 2025 Powered by 【2024 Archives】,Information Information Network