X Lawyers In Brazil Report Platform Will Soon Present Legal Representative To Supreme Court And Has Begun Complying With Court Orders To Remove Hate Content; Unintentional Technical Issue Allowed Some Users To Access X On Wednesday
Portfolio Pulse from Benzinga Newsdesk
X, a platform in Brazil, is set to present a legal representative to the Supreme Court and has started complying with court orders to remove hate content. A technical issue allowed some users to access X on Wednesday.

September 19, 2024 | 7:34 pm
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NEUTRAL IMPACT
The iShares MSCI Brazil ETF (EWZ) may be impacted by X's legal and regulatory developments in Brazil, as it reflects the broader Brazilian market.
EWZ represents the Brazilian market, and legal issues involving major platforms like X can influence market sentiment. However, the direct impact on EWZ is limited as it is a broad market ETF.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50