December 18, 2023 10:23 PM | 2 min read
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Elon Musk has once again targeted Meta Platforms Inc.’s (NASDAQ:META) Instagram and Facebook, after Dogecoin (CRYPTO: DOGE) designer questioned why no formal proceedings have been conducted against the company.
What Happened: On Monday, the EU officially launched an investigation into Musk’s social media platform X (formerly Twitter), citing potential Digital Service Act or DSA regulations violations, which include propagation of unlawful content, ineffectiveness in combating misinformation, transparency and potentially misleading layout of the platform’s interface.
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Following the announcement, a graphic designer at Dogecoin, who goes by the name DogeDesigner on X asked EU Commissioner for Internal Markets, Thierry Breton, “why no formal infringement proceedings against Meta?”
See Also: Elon Musk Agrees These Two TV Shows Could Have Been A Lot Better — But X Users Are Divided
The designer also shared a screenshot of a news article which had the headline, “Facebook and Instagram content enabled child sexual abuse, trafficking: New Mexico lawsuit.”
In response to the post, Musk, who acquired X for $44 billion in October 2022, said, “Good question…”
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Why It’s Important: This isn’t the first time Musk has targeted Mark Zuckerberg’s social media platforms. Previously, the tech mogul has also clapped back at advertisers like The Walt Disney Co. when a report accused Instagram of suggesting sexualized content of minors via Reels.
At the time, Musk hinted, that while his actions of sharing a debunked anti-semitic conspiracy theory on X, led to advertisers exodus from the platform, Meta has not received any such punishment despite allegations of the company’s social media sites involved in child sexual abuse.
Meanwhile, Musk’s track record with Breton has also been rocky. In October this year, it was reported that the tech billionaire has considered removing X from Europe altogether in order to avoid the regulation rules and concerns.
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Read Next: Elon Musk Has Last Laugh? Senator Tommy Tuberville’s Tesla Short Bet Backfires As Stock Rallies Past $250
Options 101: The Beginner’s Guide
Want to become an options master? In his free report, options expert Nic Chahine will give you access to the four bulletproof tips for beginners, the secret to scoring 411% gains with options, and his time-tested “plan” for success. Grab your free copy of Options 101: The Beginner’s Guide ASAP.
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