>Thierry Breton, EU commissioner for the internal market, said Twitter will have to “fly by our rules” after Elon Musk’s $44 billion purchase of the company.Tech companies will face greater pressure to remove illegal content under the EU’s incoming Digital Services Act.
Companies can be fined up to 6% of global annual revenues for violations of the rules, which are expected to come into force in 2024.<p>>But regulators on both sides of the Atlantic are worried that Musk could, for example, allow former President Donald Trump back onto the platform. Musk, who has previously said he would reverse the ban on Trump’s account, reportedly intends to scrap lifetime bans on Twitter users, according to Bloomberg.