Friday, July 12, 2024

Preliminary findings: the EU says X's paid blue checkmark deceives users and breaches the DSA; X faces a fine of up to 6% of its global revenue if found guilty (Javier Espinoza/Financial Times)

Javier Espinoza / Financial Times:
Preliminary findings: the EU says X's paid blue checkmark deceives users and breaches the DSA; X faces a fine of up to 6% of its global revenue if found guilty  —  Brussels regulators use new digital powers to threaten social media company with huge fines over transparency issues



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...