:

US BACKS X'S CHALLENGE TO EU'S €120M DSA FINE

INDUSTRY DESK■ 1 MIN READ
THU, SEP 24, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

The United States has filed an application with the EU's General Court supporting X's effort to overturn a €120 million fine imposed under the Digital Services Act. The US argues the European Union overstepped its regulatory authority.

The fine was levied against X in 2025 under the EU's Digital Services Act. X, owned by Elon Musk, has contested the penalty, and now the US government has intervened as a third party in the legal proceeding. The American position centers on claims of regulatory overreach by the EU. The filing suggests the European bloc's enforcement actions against X exceed the scope and intent of DSA regulations. This marks an escalation in tensions between the US and EU over digital regulation. The bloc has aggressively enforced the DSA against major tech platforms, particularly regarding content moderation and algorithmic transparency requirements. The General Court will determine whether X's appeal has merit. The case reflects broader disputes over how different jurisdictions regulate social media and tech giants operating across borders.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BUSINESS DESK

The Federal Reserve unveiled regulatory proposals for stablecoin issuers Thursday, requiring some to fully back tokens with permissible reserve assets like short-term Treasury bills.

JUST NOW— Industry Desk

Flock, a developer of AI-powered surveillance technology, drew sharp criticism from Senate lawmakers Wednesday after its CEO skipped a hearing on the company's practices. Senator Josh Hawley singled out Flock as the most prominent player facing regulatory scrutiny.

2H AGO— Industry Desk

New York State is pursuing illegal gambling charges against Polymarket and three other prediction market platforms. The lawsuit marks an escalation in the state's effort to restrict these betting services.

2H AGO— AI Desk

The UK government's flagship AI supercomputer project in Loughton, Essex will miss its 2026 launch date, with operations now potentially pushed back to the mid-2030s due to power supply constraints.

3H AGO— AI Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.