[Platform X Fined €120 Million by the EU for Violating Content Laws, Marking the First Fine Since the Implementation of the EU Digital Services Act] BlockBeats News, December 5 – Social media platform 'X' has been fined €120 million by the European Union for violating content regulations. The European Commission stated that Company X violated three provisions of the Digital Services Act and has been given 60 days to provide a solution and 90 days to implement corrective measures. The EU's ruling targets issues related to X's blue check verification, lack of advertising transparency, and researchers' access to data. The EU's technology chief stated that imposing the maximum fine on Company X was not the EU's intention. The fine amount is deemed appropriate and was determined based on the nature of the violations and their impact on EU users. (Jin10)