this post was submitted on 24 Nov 2023
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EU stops advertising on X over hate speech. Fines could follow next year (www.cnn.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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EU stops advertising on X over hate speech. Fines could follow next year::The European Union is pulling its advertisements from Elon Musk’s X for now, citing an “alarming increase” in hate speech and disinformation on the platform formerly known as Twitter.

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[–] Blue_Morpho@lemmy.world 39 points 11 months ago

He's not that smart. He got stuck having to buy Twitter after his pump and dump backfired. His solution to having to buy Twitter was to cut costs by firing staff and use his celebrity to manufacturer engagement with troll posts.

The problem he missed was that staff was necessary to keep hate speech under control and his trolling meant to drive engagement would backfire from advertisers and regulators.