European politician Věra Jourová warned Elon Musk from the World Economic Forum in Davos that Twitter will face "sanctions" if it does not shut down some forms of speech.

Jourová, the European Commission’s Vice President for Values and Transparency, told Euronews Next that Twitter may face penalties for enabling free speech in violation of European Union regulations. "The time of the Wild West is over," she said.

"We will have the Digital Services Act [DSA]. We will have the Code of Practice as a part of this legislation," Jourová said. "So, after Mr. Musk took over Twitter with his ‘freedom of speech absolutism’ - we are the protectors of freedom of speech as well. But at the same time, we cannot accept, for instance, illegal content online and so on. So, our message was clear: we have rules which have to be complied with, otherwise there will be sanctions."

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New European legislation could fine tech companies for allowing freedom of speech to go unchecked.

"A suite of new legislation, including the DSA and the Digital Markets Act (DMA), was signed off by the EU parliament in October 2022 and is expected to come into force later this year," Euronews reported. "Under the new regulatory framework, which aims to protect the rights of online users and remove illegal content or disinformation, platforms could expect to be fined up to 6 per cent of their annual revenue if found to violate the rules by EU regulators."

Jourová also recounted that in previous years, European politicians and big tech companies had "gentlemen’s agreements" and other ways of negotiating aside from legislation.

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We had some 'gentlemen's agreements,' like the Code of Conduct against Hate Speech, which was very important in 2016 when we saw an extreme rise of hatred online targeted to concrete people or groups of citizens," she said, according to Euronews. "So, I always like to combine decent communication and discussion, and testing how far they can go under the framework of some sort of social responsibility."

Jourová previously made headlines on Tuesday when she suggested that America will soon have "hate speech" laws of its own. 

"What qualifies as hate speech, as illegal hate speech, which you will have soon also in the U.S.," she said to fellow World Economic Forum panelist Rep. Seth Moulton, D-Mass. "I think that we have a strong reason why we have this in the criminal law, we need the platforms to simply work with the language and to identify such cases."

Musk's leadership of Twitter has been a notable departure from restrictive speech trends both on Twitter itself and Big Tech in general. In late December, Musk proclaimed, "New Twitter policy is to follow the science, which necessarily includes reasoned questioning of the science."

A judge has approved a $20 million class-action settlement covering thousands of people who were wrongly accused of fraud by Michigan when seeking unemployment benefits.

Court of Claims Judge Douglas Shapiro signed off on the deal last week, saying it was superior to other ways to compensate people who were victims of an automated computer system in 2013-15.

People were accused of cheating to get jobless aid. They were forced to repay money, along with substantial penalties, before the Unemployment Insurance Agency finally acknowledged widespread errors that affected more than 40,000 people.

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Although refunds were issued, the state still was sued by people who argued that their due-process rights — a right to be heard — were violated while they tried to untangle themselves.

The Michigan Supreme Court last summer said people can seek financial relief when the state violates their rights — a groundbreaking opinion.

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More than 8,000 people have been identified as possible beneficiaries of the settlement so far, Shapiro said.

"While this settlement cannot undo the hardships these residents faced, it does secure the long overdue relief that they deserve," Attorney General Dana Nessel said.

About $6.5 million of the settlement will go to attorneys who have worked on the case.

Notices soon will be mailed to members of the class. Anyone seeking more information can check the websites of the attorney general, the unemployment agency and lawyers in the litigation.