Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Brazil’s top court rules X must pay pending fines to resume service

by
September 28, 2024
in Stock
0
Brazil’s top court rules X must pay pending fines to resume service

SAO PAULO/BRASILIA (Reuters) -Brazilian Supreme Court said on Friday that social platform X needs to pay just over $5 million in pending fines in order to resume its service in the country, according to a court document.

Earlier this week, the Elon Musk-owned social platform told the court it had complied with orders to stop the spread of misinformation and asked it to lift a ban on the platform.

Judge Alexandre de Moraes responded with a ruling that X and its legal representative in Brazil must still agree to pay a total of 18.3 million reais ($3.4 million) in pending fines that were previously ordered by the court.

The judge also demanded a 10 million reais ($1.8 million) fine related to a brief period of time last week when X became available again for some users in Brazil.

X has been suspended since late August in Brazil, one of its largest and most coveted markets, after not complying with court orders related to restricting hate speech and failing to name a local legal representative, as required by Brazilian law.

($1 = 5.4341 reais)

This post appeared first on investing.com
Previous Post

Binance founder Zhao released from US custody, Bloomberg News reports

Next Post

Stock Market Today: Dow closes at record as energy stocks ride oil prices higher

Next Post
Stock Market Today: Dow closes at record as energy stocks ride oil prices higher

Stock Market Today: Dow closes at record as energy stocks ride oil prices higher

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Scouting America moves to shed ‘woke’ label with major recommitment to military, traditional American values

    Scouting America moves to shed ‘woke’ label with major recommitment to military, traditional American values

    March 29, 2026
    JD Vance says he was ‘obsessed’ with UFOs, believes aliens are actually ‘demons’

    JD Vance says he was ‘obsessed’ with UFOs, believes aliens are actually ‘demons’

    March 29, 2026
    Trump rolls out plan to back farmers amid rising costs, pledging ‘golden age’

    Trump rolls out plan to back farmers amid rising costs, pledging ‘golden age’

    March 28, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Scouting America moves to shed ‘woke’ label with major recommitment to military, traditional American values
    • JD Vance says he was ‘obsessed’ with UFOs, believes aliens are actually ‘demons’
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved