Why Elon Musk believes the UK's online safety law will chase away tech businesses

Tech giants Google and Elon Musk’s X have warned that Britain’s new online safety laws could force global companies to reconsider their UK presence due to high compliance costs and regulatory overreach. The Online Safety Act, which was passed under Rishi Sunak’s government, imposed strict rules requiring major platforms to introduce age verification and stop harmful content. Read more of the story here 👇 https://www.cityam.com/musk-and-google-warn-uk-on-tech-exodus-over-safety-rules/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Saskia Koopman, Scarlett Wild, Emmanuel Nwosu #news #technology #tech #technews #musk #elonmusk #google #apple #meta #microsoft #twitter #x #ai #artificialintelligence #chatgpt #business #businessnews