MARKET MOVERS

  • EU threatens Elon Musk with sanctions after Twitter’s suspension of journalists. Vera Jourova, the European Commission’s vice president for values and transparency, said news of the “arbitrary suspension of journalists on Twitter is worrying.” “There are red lines. And sanctions, soon”, she added. Under the EU’s Digital Services Act, companies can be fined up to 6%* of their global annual revenues for breaches.
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