Categories
Small Business Growth

Musk’s X to be reinstated in Brazil after complying with Supreme Court demands [Video]

*** Brazilian Supreme Court justice has ordered the suspension of Elon Musk’s social media platform X nationwide escalating *** feud between the two men over freedom of speech far at accounts and misinformation justice. Alexandra De Moraes warned Musk on Wednesday night, that failure to name *** local legal representative could mean that his platform was blocked. The company hasn’t had *** representative since earlier this month. Jim Moraes is basing his decision on local law requiring foreign companies to have *** representative in order to receive notification of court decisions and also to take any requisite legal action. Jim Mora’s defenders have said that his decisions targeting X have been lawful and that they’ve served to protect democracy. Musk, on the other hand, has characterized Jim Moraes as an authoritarian censor and his claims have been amplified by Brazil’s political right. Brazil is an important market for X with tens of millions of regular users and also *** potentially huge growth market for Elon Musk’s satellite company, Starlink and now starlink is also in Jim Mora’s crosshairs. It said that this week, the judge froze its accounts apparently in an attempt to get it to pay for X’s fines

Categories
Small Business Growth

China holds off on fresh stimulus but confident will hit growth target [Video]

China said on Tuesday it was “fully confident” of hitting its growth target this year but held off announcing more stimulus measures, leaving markets disappointed. Beijing has struggled to reignite business activity as officials target around five percent expansion, which analysts say is optimistic given the numerous headwinds, from a prolonged housing crisis to sluggish