EU industry chief Breton, Musk signal agreement on Digital Services Act
By Foo Yun Chee
BRUSSELS (Reuters) – EU trade chief Thierry Breton met Tesla Inc boss Elon Musk in Texas on Monday and the 2 signalled settlement on EU digital media regulation forward of Musk’s buy of Twitter Inc .
The assembly comes weeks after the world’s richest man clinched a deal to purchase the social media firm for $44 billion in money.
In a video with the 2 males posted on Twitter by Breton, the EU official tells Musk that he defined the Digital Companies Act to Musk. “It matches fairly properly with what you assume we must always do,” Breton tells Musk in a tweet that included the hashtag #DSA.
“I believe it is precisely aligned with my pondering,” Musk responds.
The 2 didn’t go into element on the brand new regulation, which levies hefty fines on corporations if they don’t management unlawful content material. The foundations ban promoting geared toward youngsters or primarily based on faith, gender, race and political views, for instance.
Musk secured the deal to purchase Twitter final month with a pledge to revitalise the corporate and develop the variety of customers by cracking down on spam bots and decreasing the quantity of moderation to facilitate extra “free speech”.
The billionaire’s feedback prompted a rejoinder from Breton that Twitter should adjust to new EU guidelines referred to as the Digital Companies Act tackling unlawful on-line content material.
Breton and Musk had been anticipated to debate international provide chain points in the course of the EU official’s go to to Tesla Inc’s new Austin plant.
(Reporting by Foo Yun Chee; extra reporting by Peter Henderson; Enhancing by Emelia Sithole-Matarise and Stephen Coates)
