Elon Musk was warned by the European Commission to 'fly by our rules', hours after closing his deal to buy Twitter. Reuters
Elon Musk was warned by the European Commission to 'fly by our rules', hours after closing his deal to buy Twitter. Reuters
Elon Musk was warned by the European Commission to 'fly by our rules', hours after closing his deal to buy Twitter. Reuters
Elon Musk was warned by the European Commission to 'fly by our rules', hours after closing his deal to buy Twitter. Reuters

Twitter probed by top EU privacy watchdog for pre-Musk era leak


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Elon Musk’s Twitter Inc. risks massive fines after its top privacy regulator in the EU opened a probe into reports of a suspected data breach that compromised the personal details of 5.4 million users last year.

Ireland’s Data Protection Commission said on Friday it decided to start a probe under its own initiative, over reports that one or more data sets of Twitter user personal information “had been made available on the internet”.

“These data sets were reported to contain personal data relating to approximately 5.4 million Twitter users worldwide,” the agency said. “These data sets were reported to map Twitter IDs to email addresses and/or telephone numbers of the associated data subjects.”

The Irish authority said that after discussions with Twitter on the matter, it considers “one or more provisions” of the EU’s General Data Protection Regulation may have been — and may continue to be — infringed.

The authority is the lead watchdog for some of Silicon Valley’s biggest tech firms that have set up an EU base in the country. Under GDPR, it wields the power to levy fines of as much as 4 per cent of a company’s annual sales.

Global scrutiny of Twitter has reached fever pitch following Mr Musk’s $44 billion takeover.

While the suspected breaches came before the billionaire’s purchase, key roles policing compliance with regulations have been eliminated, sparking concerns about the social media-giant’s ability to protect user data.

Europe has been particularly quick to demand Twitter keeps up with its regulatory demands — from data protection to checking on hate speech. Hours after Mr Musk closed his deal for the company, European Commissioner Thierry Breton sent a warning to the new owner, calling on the company to “fly by our rules”.

Since Mr Musk’s takeover in October, he warned that Twitter is at risk of bankruptcy and instituted what he called a “hardcore” work environment after a drastic cutback in staff. In less than two months, he has spooked advertisers, alienated some of Twitter’s most ardent creators and turned the service into a trending topic in itself.

The company this week resolved a dispute with a top executive who was shut out of the firm’s IT system after failing to respond within hours to a company-wide email from Mr Musk asking staff if they were onboard with the new “Twitter 2.0.”

Aside from closing its Brussels office last month, raising concerns in the EU Commission, Twitter's communications department in Germany no longer exists after Mr Musk’s shake-up, according to the former head of the unit, who sued in Germany for unfair dismissal.

The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

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What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

Spider-Man: No Way Home

Director: Jon Watts

Stars: Tom Holland, Zendaya, Jacob Batalon 

Rating:*****

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

How to help

Call the hotline on 0502955999 or send "thenational" to the following numbers:

2289 - Dh10

2252 - Dh50

6025 - Dh20

6027 - Dh100

6026 - Dh200

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MATCH INFO

Liverpool v Manchester City, Sunday, 8.30pm UAE

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Monster Hunter: World

Capcom

PlayStation 4, Xbox One

Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Score

Third Test, Day 2

New Zealand 274
Pakistan 139-3 (61 ov)

Pakistan trail by 135 runs with 7 wickets remaining in the innings

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 

Result
Qualifier: Islamabad United beat Karachi Kings by eight wickets

Fixtures
Tuesday, Lahore: Eliminator 1 - Peshawar Zalmi v Quetta Gladiators
Wednesday, Lahore: Eliminator 2 – Karachi Kings v Winner of Eliminator 1
Sunday, Karachi: Final – Islamabad United v Winner of Eliminator 2

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

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Updated: December 23, 2022, 6:05 PM