TheGuardian:

‘Unprepared’ Twitter among tech firms to face tough new EU digital rules

Designation as ‘very large online platform’ along with 16 other major names means big penalties for breaches.

Twitter has been repeatedly warned that it is not ready for the new rules, with breaches risking a fine of 6% of global turnover and, in the most extreme cases, a temporary suspension of the service. Under Musk’s ownership Twitter has reduced its workforce from 7,500 people to about 1,500, leading to fears that moderation standards and its ability to comply with the act would suffer as a consequence.