Big news about Elon Musk's company X (formerly Twitter)! Italy thinks X owes them money in taxes. It's a big deal because it could change how social media companies are taxed in Europe and even around the world.
- Italy says X owes about $13 million in taxes.
- The tax is on how X makes money from users' information.
- This could affect other social media companies and the whole tech industry.
- X and Italy might go to court to settle this.
| Fact | Amount |
|---|---|
| Money Italy wants from X | $13 million |
| X's 2023 revenue | $3.4 billion |
