- cross-posted to:
- worldnews@lemmy.world
- cross-posted to:
- worldnews@lemmy.world
Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X::Thierry Breton, the European commissioner for the internal market, warns Elon Musk about disinformation on X related to the Israel-Hamas conflict.
$2bn in 2022 for non-US. https://www.businessofapps.com/data/twitter-statistics/
Assume 80% of that is Europe, and a 25% drop in revenue since X, is $1.2bn, then 6% is $72m. This would likely be a daily fine of about $197K per day USD, minus shifty billionaire revenue reporting.
EU revenue fines are generally calculated by global revenue cause companies always try to shift the money to other countries.
What’s the basis for assuming a 25%? Instead of, let’s say, a 90%?