Brazil's telecommunications regulator has threatened sanctions against Elon Musk's satellite internet firm, Starlink, as tensions escalate over the country's decision to block Musk's social media platform, X. The conflict began when Brazil's Supreme Court ordered the suspension of X. Anatel has instructed internet providers to block X. Starlink is the only company refusing to comply, potentially facing fines and a loss of its business license in Brazil. The dispute intensifies Musk's conflict with Brazilian Supreme Court Justice Alexandre de Moraes, who ordered the ban on X and has frozen Starlink's finances in Brazil. Musk has accused Moraes of censorship and labeled him an "evil tyrant."
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00:00It's Benzinga, and here's what's on the block.
00:02Brazil's telecommunications regulator has threatened sanctions against Elon Musk's
00:07satellite internet firm, Starlink, as tensions escalate over the country's decision to
00:10block Musk's social media platform, X.
00:13The conflict began when Brazil's Supreme Court ordered the suspension of X.
00:17Anatol has instructed internet providers to block X.
00:21Starlink is the only company refusing to comply, potentially facing fines and a loss of its
00:25business license in Brazil.
00:27The dispute intensifies Musk's conflict with Brazilian Supreme Court Justice Alexandre
00:31de Moraes, who ordered the ban on X and has frozen Starlink's finances in Brazil.
00:37Musk has accused Moraes of censorship and labeled him an evil tyrant.
00:40For all things money, visit Benzinga.com.