Regulation: Europe is staring down Big Tech.

Europe is cracking down on big tech companies, with Elon Musk's X being the latest to face scrutiny. X, which recently bought Twitter, changed the platform's verification policies to allow any account to pay for a blue checkmark. Europe argues that this is deceptive and interferes with users' ability to make informed decisions. The EU's new Digital Services Act is the world's toughest social media legislation, and other tech giants like Apple, Microsoft, and Meta have also been accused of breaking EU rules. However, these regulations may put Europe behind in terms of accessing the latest technologies, and there are concerns that heavy regulation could stifle innovation. [Extracted from the article]