Elon Musk's X bans European Commission from making ads after €120m fine

AI Summary
X, owned by Elon Musk, has blocked the European Commission from advertising on its platform after being fined €120 million by the EU for its blue tick system. The EU regulator deemed X's blue checkmarks "deceptive" due to a lack of meaningful user verification, potentially exposing users to scams and manipulation. Nikita Bier, a senior figure at X, accused the Commission of exploiting the platform's advertising system to promote its post about the fine. The Commission denies any wrongdoing, stating it uses social media tools in good faith and expects them to comply with platform terms. X has 60 days to address the EU's concerns regarding its blue checkmarks or face further penalties.
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