Social Media Summary

Elon Musk's social media platform X has been fined $140 million by the European Commission for violating the Digital Services Act. This penalty marks X as the first platform to face a fine under these new online safety rules, specifically for misleading users regarding its blue check verification system.

Meanwhile, Meta has announced several commercial AI data agreements with news publishers, reflecting its ongoing efforts to integrate artificial intelligence into its operations. These developments highlight significant regulatory challenges and strategic shifts within major social media platforms as they navigate evolving legal landscapes and technological advancements.