EconomyLens.com
No Result
View All Result
Friday, August 8, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

EU asked to say how much funding given to Musk firms

Thomas Barnes by Thomas Barnes
March 5, 2025
in Other
Reading Time: 3 mins read
A A
2
33
SHARES
414
VIEWS
Share on FacebookShare on Twitter

One of US President Donald Trump's biggest allies is Elon Musk, whose social media platform X faces an EU probe. ©AFP

Brussels (Belgium) (AFP) – The EU faced questions on Wednesday over how much of its money goes to tech billionaire Elon Musk’s companies as tensions ramp up between the new US administration and Brussels. US President Donald Trump has criticised the European Union, claiming it was “formed in order to screw the United States,” and has threatened the bloc with higher tariffs.

Related

Gold futures hit record on US tariff shock, stocks wobble

US tariffs prompt Toyota profit warning

OpenAI releases ChatGPT-5 as AI race accelerates

Tokyo soars on trade deal relief as most Asian markets limp into weekend

Oil industry presence surges at UN plastic talks: NGOs

One of Trump’s biggest allies is Musk, whose social media platform X faces an EU probe. Musk has accused the EU of censorship with its content moderation rules. German Green EU lawmaker Daniel Freund sent a letter on Tuesday to the European Commission, the bloc’s executive arm, asking for “a detailed list of EU funding allocated to companies owned or controlled by Elon Musk” over the past five years.

The businesses named included SpaceX, Tesla, X, Neuralink, The Boring Company, xAI, and “any other relevant entities linked” to Musk. Freund said he wanted details of “grants, tenders, subsidies,” including any money spent on advertising on social media platforms owned or controlled by him.

“Trump’s MAGA crowd, including Musk, have the clear aim to weaken or even destroy the EU. So we should have a very close look at the EU funding we provide to them,” Freund told AFP on Wednesday. “For me, it’s clear: the EU should not give millions to people that want to destroy it.”

© 2024 AFP

Tags: content moderationElon MuskEU
Share13Tweet8Share2Pin3Send
Previous Post

Stocks rally on hopes of China stimulus and tariff relief

Next Post

Mind the wage gap: China’s subway farmers highlight inequality

Thomas Barnes

Thomas Barnes

Related Posts

Other

Crypto group reportedly says it planned sex toy tosses at WNBA games

August 8, 2025
Other

Tokyo soars on trade deal relief as most Asian markets limp into weekend

August 8, 2025
Other

Mixed day for global stocks as latest Trump levies take effect

August 7, 2025
Other

Plastic pollution treaty talks deadlocked

August 8, 2025
Other

US partners seek relief as Trump tariffs upend global trade

August 8, 2025
Other

Swiss to seek more talks with US as ‘horror’ tariffs kick in

August 8, 2025
Next Post

Mind the wage gap: China's subway farmers highlight inequality

Stocks rally on tariff relief hopes, German spending plan

Panama president says Trump 'lying' about reclaiming canal

US official says possible Canada, Mexico tariff relief on 'categories'

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

75

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US tariffs prompt Toyota profit warning

August 8, 2025

India exporters say 50% Trump levy a ‘severe setback’

August 8, 2025

OpenAI releases ChatGPT-5 as AI race accelerates

August 8, 2025

Tokyo soars on trade deal relief as most Asian markets limp into weekend

August 8, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.