financetom
Business
financetom
/
Business
/
Explainer-What is Elon Musk's feud with a Brazilian Supreme Court justice about?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Explainer-What is Elon Musk's feud with a Brazilian Supreme Court justice about?
Aug 29, 2024 11:40 AM

BRASILIA (Reuters) - A Brazilian Supreme Court justice has ordered billionaire Elon Musk to name a legal representative for his messaging platform X in Brazil within 24 hours or face suspension of the social media site in the country.

WHAT IS THE CONFLICT ABOUT?

Justice Alexandre de Moraes and Musk have been in a public feud for months, after X failed to comply with legal orders to block certain accounts accused of spreading "fake news" and hate messages. X, formerly known as Twitter, claims Moraes threatened to arrest one of the company's legal representatives in Brazil if it did not comply. Musk's platform has shut all of its Brazil offices due to what it called "censorship" by the judge, though its service has remained available for users in the country.

WHAT NEXT?

Moraes could order the social media giant to be taken down immediately in Brazil. To gain support for his decision, he could propose the suspension of X to the plenary of the top court, which would take a few days. Moraes could also freeze financial assets of Musk's Starlink by issuing an order to block the accounts of the satellite internet network that has rapidly expanded the number of its users in Brazil. Responding to a post that mentions reports that Starlink accounts had been blocked, Musk called Moraes a "dictator" on X.

HOW WOULD X BE SHUT DOWN? 

Under Brazilian laws governing the internet, social media must have a representative based in the country. The judge said companies that breach Brazilian law can have their activities temporarily suspended. To shut down X's operations in Brazil, Moraes would have to order telecommunication companies to stop carrying X traffic. Users would still be able to dodge the blockage by using VPNs, and postings urging Brazilians to do so were trending on social media after Moraes' suspension threat.

WHAT IS THE POSSIBLE IMPACT? 

X is widely used in Brazil and is an important means of communication, especially for politicians as a means to put out their views and attack their rivals. The country is about to enter the campaign phase for local municipal elections in October that will decide the mayors of 5,568 towns and cities.

RIGHT-LEFT DIVIDE ON THE ISSUE? 

Reactions to the feud between Moraes and Musk are divided. Some X users shared Musk's criticism of the judge's decisions, saying he was undermining freedom of speech in Brazil. Others agree with the judge's view that Musk should not be above Brazilian law.

Supporters of former hard-right President Jair Bolsonaro see Musk as an ally in their opposition to Moraes' investigations into so-called digital militias that have been accused of spreading "fake news" and hate messages during Bolsonaro's government which extended from 2019 to 2022.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Soleno Therapeutics Says US FDA Determines NDA for DCCR Does Not Need Advisory Panel Meeting for Now
Soleno Therapeutics Says US FDA Determines NDA for DCCR Does Not Need Advisory Panel Meeting for Now
Oct 8, 2024
09:12 AM EDT, 10/08/2024 (MT Newswires) -- Soleno Therapeutics ( SLNO ) said Tuesday that the US Food and Drug Administration has determined there is no need at this time for an advisory committee meeting for its new-drug application for extended-release tablets of diazoxide choline, or DCCR, to treat Prader-Willi syndrome. Soleno said that despite the determination, the FDA's Review...
Rezolve AI And Microsoft Power Up Retail With Advanced AI: A $30 Trillion Opportunity Unveiled
Rezolve AI And Microsoft Power Up Retail With Advanced AI: A $30 Trillion Opportunity Unveiled
Oct 8, 2024
Rezolve AI Limited ( RZLV ) confirmed that their ongoing collaboration with Microsoft Corporation ( MSFT ) will focus on delivering advanced AI solutions to enhance the global retail sector, which presents a $30 trillion market opportunity.  Last week, Rezolve partnered with Microsoft ( MSFT ) to distribute its AI-powered Brain Suite via Microsoft Azure Marketplace. This partnership combines Resolve AI’s Brain...
Bank of America names Brabazon co-head of global M&A, memo says
Bank of America names Brabazon co-head of global M&A, memo says
Oct 8, 2024
LONDON (Reuters) - Bank of America ( BAC ) has named Eamon Brabazon co-head of global mergers and acquisitions, alongside Ivan Farman, according to an internal email seen by Reuters.  Brabazon, who has been with the bank around nine years, was most recently head of M&A in Europe, Middle East and Africa. The bank said Brabazon advised on some of...
Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A
Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A
Oct 8, 2024
Oct 8 (Reuters) - Investment banker John LaVoie is joining Citigroup ( C/PN ) to head up its U.S. West Coast private equity dealmaking unit, according to an internal memo seen by Reuters on Tuesday. LaVoie, who has covered buyout firms for 24 years, will be based in San Francisco and report to Michael Marcus and Michael Quadrino, who are...
Copyright 2023-2026 - www.financetom.com All Rights Reserved