Brazil's Supreme Court has voted to uphold a ban on X, formerly Twitter, that has been in effect since Saturday. The decision comes in response to allegations that the platform allowed the spread of hate speech and misinformation regarding the country's voting system and after the company failed to name a new legal representative in the country.

Yahoo Finance legal reporter Alexis Keenan analyzes the development, exploring the potential consequences for other companies owned by Elon Musk operating within the country and the implications for X moving forward.

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This post was written by Angel Smith