The European Union on Friday fined X, the social media company owned by Elon Musk, $140 million for violating one of the bloc’s major laws targeting the technology industry.

Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation which...

The EU’s executive arm, the European Commission, accused X of deceiving users with its blue checkmark system and failing to create a transparent advertising repository and provide researchers with acc...