Overview

• Elon Musk's X is set to receive a formal warning from EU regulators for not addressing dangerous content.
• The warning could lead to fines amounting to 6% of the platform's revenue if compliance is not achieved.
• The EU's Digital Services Act and Digital Markets Act aim to regulate harmful content and anti-competitive practices.
• Investigations into X began after the October 7 Hamas attacks on Israel, with other tech giants also under scrutiny.
• X has not yet responded to the ongoing proceedings, which have no set deadlines for resolution.