Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Judge orders Musk's X immediately shutdown in Brazil By: FOX Business August 30, 2024 at 17:51 PM EDT In an ongoing feud between Elon Musk and Brazilian Supreme Court Justice Alexandre de Moraes, Moraes ordered the 'immediate suspension' of Musk's social media platform X in the South American country. A Brazilian Supreme Court justice ordered on Friday the "immediate suspension" of social media platform X in the country, after a court-imposed deadline expired for the company to identify a legal representative in Brazil.The move is the latest chapter in an ongoing feud between a Brazilian Supreme Court justice and Elon Musk, which also included the freezing of the satellite internet provider Starlink's financial accounts in Brazil.ELON MUSK CALLS OUT VP HARRIS FOR OLD POST SAYING ILLEGAL IMMIGRANTS AREN'T CRIMINALSIn the decision, Moraes ordered the full and immediate suspension of X in the country until all related court orders on X were complied with, including the payment of fines amounting 18.5 million reais ($3.28 million) and the nomination of a legal representative in Brazil.Moraes ordered telecomunications regulator Anatel to implement the suspension order, and to confirm to the court within 24 hours that it has carried it out.In a bid to avoid the use of virtual private networks (VPNs) to circumvent the blockage, Moraes said that individuals or companies who tried to keep access to the social network that way could be fined up to 50,000 reais a day.X said late on Thursday that it expected Supreme Court Justice Alexandre de Moraes to order a shutdown "soon," after a court-imposed deadline expired for the company to identify a legal representative in Brazil.Earlier this year, Moraes ordered X to block certain accounts implicated in probes of so-called digital militias accused of spreading distorted news and hate.Musk, denouncing the order as censorship, responded by closing the platform's offices in Brazil. X, formerly known as Twitter, said at the time that its services would still be available in Brazil.Amid the underlying feud over X, Brazil's Supreme Court also blocked the local bank accounts of the Starlink satellite internet firm, which is 40% owned by Musk, leading the company on Friday to ask the court to suspend that decision. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Judge orders Musk's X immediately shutdown in Brazil By: FOX Business August 30, 2024 at 17:51 PM EDT In an ongoing feud between Elon Musk and Brazilian Supreme Court Justice Alexandre de Moraes, Moraes ordered the 'immediate suspension' of Musk's social media platform X in the South American country. A Brazilian Supreme Court justice ordered on Friday the "immediate suspension" of social media platform X in the country, after a court-imposed deadline expired for the company to identify a legal representative in Brazil.The move is the latest chapter in an ongoing feud between a Brazilian Supreme Court justice and Elon Musk, which also included the freezing of the satellite internet provider Starlink's financial accounts in Brazil.ELON MUSK CALLS OUT VP HARRIS FOR OLD POST SAYING ILLEGAL IMMIGRANTS AREN'T CRIMINALSIn the decision, Moraes ordered the full and immediate suspension of X in the country until all related court orders on X were complied with, including the payment of fines amounting 18.5 million reais ($3.28 million) and the nomination of a legal representative in Brazil.Moraes ordered telecomunications regulator Anatel to implement the suspension order, and to confirm to the court within 24 hours that it has carried it out.In a bid to avoid the use of virtual private networks (VPNs) to circumvent the blockage, Moraes said that individuals or companies who tried to keep access to the social network that way could be fined up to 50,000 reais a day.X said late on Thursday that it expected Supreme Court Justice Alexandre de Moraes to order a shutdown "soon," after a court-imposed deadline expired for the company to identify a legal representative in Brazil.Earlier this year, Moraes ordered X to block certain accounts implicated in probes of so-called digital militias accused of spreading distorted news and hate.Musk, denouncing the order as censorship, responded by closing the platform's offices in Brazil. X, formerly known as Twitter, said at the time that its services would still be available in Brazil.Amid the underlying feud over X, Brazil's Supreme Court also blocked the local bank accounts of the Starlink satellite internet firm, which is 40% owned by Musk, leading the company on Friday to ask the court to suspend that decision.