Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO 
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
South32 Sells Major Aluminium Assets to Alcoa in Deal Worth Up to $5.6 Billion 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Buffett Delays Gates Foundation Donation Pending Epstein Ties Review 
Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs 
EU tech regulators have accused Elon Musk's social media platform, X, of violating EU content regulations, potentially leading to significant fines and operational changes.
Violations of EU Content Regulations
EU tech regulators determined Friday that Elon Musk's social media company X violated EU online content regulations and its blue checkmark deceives users, which could result in a large punishment and major changes to its operations.
Reuters’ reports that a seven-month investigation led to the European Commission's first DSA accusations. Large internet platforms and search engines must do more to combat unlawful content and public security threats under the new guidelines.
The EU executive's preliminary conclusions or allegations against X focused on the company's dark patterns that influence user behavior, advertising transparency, and researcher data access.
Impact on Users and Verification Practices
It stated X's blue-checked verified accounts violate industry standards and hinder consumers' capacity to make educated decisions about account legitimacy.
Musk updated the blue checkmark to represent a paid subscriber after buying Twitter in 2022. Before, it indicated a public figure whose identity was verified.
The panel also claimed X violated a DSA requirement to provide searchable and reliable library advertisement information for easy access.
X was also accused of restricting researcher access to its public data. The corporation has three months to reply to the charges and might be fined 6% of its global turnover for DSA violations.
"X has now the right of defence — but if our view is confirmed we will impose fines and require significant changes," EU industry chief Thierry Breton warned.
Musk often mocks public personalities who criticize his companies, asking Breton on X: "How we know you're real?"
Musk's Controversial Allegation
Musk wrote to EU antitrust director Margrethe Vestager: "The European Commission offered X an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us. The other platforms accepted that deal. X did not."
Separate investigations into X's illegal content and disinformation controls continue, the Commission added.
