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How will major tech companies react to X's fine by June 2025?
2
Resolution / Starting Odds
Implement similar measures • 25%
No change in policies • 25%
Criticize Australian decision • 25%
Unclear or mixed reactions • 25%
Public statements or policy changes from major tech companies
Story
Australian Court Upholds $418,000 Fine Against Elon Musk's X Over Child Protection Reporting
Oct 8, 2024, 08:16 PM
An Australian judge has upheld a fine of A$610,500 (approximately $418,000) against Elon Musk's social media platform X for failing to cooperate with a regulator's request for information about anti-child-abuse practices. The decision marks a significant victory for Australia's efforts to hold global internet companies accountable for their content moderation practices. The fine was originally imposed by a watchdog, and the court's decision to uphold it reinforces the country's stance on stringent regulatory compliance for tech firms operating within its jurisdiction.
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Similar markets
Brands counter-sue X • 25%
Brands settle with X • 25%
Brands deny allegations • 25%
Brands remain silent • 25%
Amazon • 25%
Apple • 25%
Meta • 25%
Microsoft • 25%
0 companies • 25%
1 company • 25%
2 companies • 25%
3 or more companies • 25%
Increased compliance measures • 25%
Public statements on data privacy • 25%
No significant action • 25%
Other actions • 25%
Yes • 50%
No • 50%
Amazon • 25%
Apple • 25%
Meta • 25%
Other • 25%
Google • 25%
Amazon • 25%
Apple • 25%
None • 25%
Google • 25%
Apple • 25%
Amazon • 25%
Other • 25%
