4 Analysts. 4 Buy Ratings: Huge Potential Revaluation Ahead For This Biotech

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Elon Musk's X Got Banned Briefly In Brazil Last Year — Now President Lula Says He's Getting Ready To Regulate Social Media

Ananya Gairola
August 12, 2025

On Tuesday, Brazilian President Luiz Inacio Lula da Silva announced that his administration has finalized a proposal to regulate social media platforms, signaling a major step in the country's efforts to oversee online speech -- a move coming almost a year after Elon Musk's X, formerly Twitter, was briefly banned in Brazil.

Lula Pushes Social Media Regulation After Musk's Legal Troubles

Speaking to the local news organization BandNews, Lula said the proposal would be on his desk on Wednesday afternoon and ready to be sent to Congress, reported Reuters.

This announcement comes after a turbulent year for Musk's X platform in Brazil.

In August 2024, Brazil's Supreme Court justice Alexandre de Moraes ordered a temporary ban on X over the platform's alleged failure to comply with court orders related to misinformation and legal representation.

The ban also froze financial accounts of Musk's satellite internet company, Starlink, in the country.

See Also: AMD CEO Lisa Su Says China Strategy Rebounding As MI308 AI Chips Await US License: ';Better Position Than We Were Ninety Days Ago’

At the time, Musk responded by advising users to download VPNs to bypass potential blocks and offering free Starlink internet services to Brazilians amid the legal dispute.

Lula has previously criticized Musk's ideological stance, saying, "The world is not obliged to put up with Musk's far-right ideology just because he is rich."

Musk has a net worth of $379 billion, according to the Bloomberg Billionaire Index, making him the wealthiest individual in the world.

Trump's 50% Tariffs On Brazil And Lula's COP30 Invitation

Earlier this month, U.S. President Donald Trump implemented a 50% tariff on Brazilian imports, attributing the decision to what he described as a "witch hunt" targeting former President Jair Bolsonaro and to Brazil's "unfair trade practices," particularly in relation to U.S. companies' digital commerce.

In response, the Brazilian President expressed his hope to meet Trump someday for a respectful discussion between heads of state.

On Tuesday, Lula revealed that he had sent Trump an invitation to attend the COP30 global climate summit, scheduled to take place in Brazil later this year, the report said.

He also noted plans to hold talks next week with leaders from France, Germany and the EU regarding the ongoing EU-Mercosur trade agreement negotiations.

Read Next:

  • Lisa Su Says AMD's AI Chip MI355 Taking On Nvidia's B200, GB200 Head-On As AI Customers Seek Scalable GPU Alternatives

Photo Courtesy: Shutterstock.com

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

AeroVironment Set For Growth As Drones Take Center Stage In Defense

Needham analyst initiates AeroVironment at Buy with a $300 target, citing drone market growth, BlueHalo deal and rising defense share.

Ozempic Gains First Approval In Canada For Kidney Disease And Cardiovascular Death Risk

Health Canada approved Ozempic for type 2 diabetes patients with chronic kidney disease after positive FLOW trial results.

Palantir Just Made a Power Move - Ad

The data giant inked a deal with a company that's already deployed nationwide. It is real-world security.

Vance Predicts Numerous Indictments Following Trump's Treason Accusations Against Obama

In the wake of President Trump's allegations of treason against former President Barack Obama, Vice President Vance has predicted a wave of indictments.

In on Tuesday, Out by Friday (And Double Your Money!) - Ad

The man behind this strategy hasn't closed a losing trade in over TEN YEARS... and in just moments he's going to be releasing 2 new trades. They go live on Tuesday and could be closed out by Friday - with wins so big they could double their profits! You won't want to miss these.

Louisiana sues Roblox alleging the popular gaming site fails to protect children

BATON ROUGE, La. (AP) — Louisiana sued the online gaming platform Roblox on Thursday, alleging the site has perpetuated an environment where sexual predators "thrive, unite, hunt and victimize kids.”

Increasing the danger: Journalist killing in Gaza sends a chilling message

Israel's of an Al Jazeera correspondent in Gaza over the weekend was noteworthy even for a conflict remarkably blood-soaked for journalists, leaving some experts to marvel that any news at all emerges from the territory.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

New Jersey Man Reportedly Dies Attempting To Meet A Meta AI Called 'Big Sis Billie'

A 76-year-old New Jersey man died after attempting to meet Meta's AI chatbot "Big Sis Billie," highlighting growing concerns over AI safety, vulnerable users, and regulatory oversight.

Palantir Turning LLMs Into Sharper Company Insights, Fueling ARK Invest's AI Edge, Says Brett Winton

Palantir Technologies Inc. reached new all-time highs this week as ARK Invest's Chief Futurist Brett Winton outlined how the company's platform transforms large language models into specialized business intelligence tools, positioning it as a critical infrastructure layer in the AI revolution.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

AT&T's $17 Million Data Breach Settlement Offers Payouts Up To $7,500, Here's How To Claim

AT&T customers, both present and past, stand to receive up to $7,500 as part of a proposed $177 million settlement. This settlement is in response to two significant data breaches that affected millions of AT&T customers.

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

NEW YORK (AP) — A top official at the Federal Reserve said Saturday that this month's stunning, is strengthening her belief that interest rates should be lower.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Cathie Wood's Thursday Bet: ARK Just Bought $31 Million Worth Of Falling Deere Stock, Also Loads Up On Block, Robinhood Shares

Ark Invest, led by Cathie Wood, made significant trades on Thursday — focusing on Deere & Co. (NYSE:DE), Block Inc. (NYSE:XYZ) and Robinhood Markets Inc. (NASDAQ:

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

USA Rare Earth Q2 FY2025 Earnings Call Transcript

USA Rare Earth reported Q2 earnings, aiming to build a profitable and integrated supply chain for rare earths. Focus on mining, processing, recycling and serving diverse customers.

$9 Target on a $1.50 Biotech. Time to Look Closer - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Benzinga Bulls And Bears: Intel, UNH, Rigetti — And All Eyes On Powell

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Stocks Slip, Bitcoin Plunges On Inflation Spike: What's Moving Markets Thursday?

Wall Street struggled to extend record highs on Thursday, as investors opted to lock in profits and adopt a more cautious stance after U.S. producer inflation posted its largest increase in three years.

Major Investors Bet Big on This "Unlisted" Stock - Ad

When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.

Ford to invest nearly $2 billion in Kentucky assembly plant to produce electric vehicles

LOUISVILLE, Ky. (AP) — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce that it says will be more affordable, more profitable to build, and will outcompete rival models.

Nebraska congressman Flood gets an earful over Trump's tax cut law in raucous town hall

LINCOLN, Neb. (AP) — Rep. Mike Flood has gotten an earful during a public meeting in Lincoln aimed at discussing his support for the massive that passed Congress and was signed into law by President Donald Trump.

Hurry! Enter These 2 Trades Before EOD Tuesday - Ad

The man behind THIS plan has used an odd twist on trading options for the past 20 years to rack up incredible profits... even using it personally to retire in just 10 years with a 5.3 million "nest egg" that helped him sail worry-free through every Financial Crisis and market crash since. He hasn't closed out a losing trade with this strategy in more than 10 YEARS... And he's about to release his latest two trades...

Tesla's Chinese Rival Nio Sparks Global Push As Firefly EVs Hit European Roads

Nio shares rose after its Firefly EV brand began first European deliveries in Norway and the Netherlands.

Bitcoin Sets New All-Time High At $124,000 As Record-Breaking Surge Continues

Bitcoin (CRYPTO: BTC) hit a new all-time high of $124,000 overnight on Wednesday, fueled by the inclusion of cryptocurrency investments in 401(k) retirement plans and macroeconomic optimism.

4 Analysts. 4 Buy Ratings: Huge Potential Revaluation Ahead For This Biotech - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Air quality concerns linger in the wake of steel plant explosion in Pennsylvania

The Pennsylvania county where an explosion at south of Pittsburgh killed and injured more than 10 others announced Thursday that it is stepping up air quality monitoring in the area of the sprawling facility that has a troubled environmental record.

Palantir Just Made a Power Move - Ad

The data giant inked a deal with a company that's already deployed nationwide. It is real-world security.

Trump Trade Push 'Very Honorable,' Says 'The Big Short' Investor Steve Eisman — He's Fixing Clinton-Era Mistakes

Investor Steve Eisman, made famous by the 2015 movie "The Big Short," says that he views President Donald Trump's current trade and tariff regime as both justified and long overdue.

Eric Trump Teases American Bitcoin Stock Market Listing: 'Next Stop NASDAQ'

Eric Trump announced on Wednesday that American Bitcoin (ABTC) is set to make its debut on NASDAQ. This announcement was made via X, signaling a significant milestone for the Trump family-backed Bitcoin mining firm.

In on Tuesday, Out by Friday (And Double Your Money!) - Ad

The man behind this strategy hasn't closed a losing trade in over TEN YEARS... and in just moments he's going to be releasing 2 new trades. They go live on Tuesday and could be closed out by Friday - with wins so big they could double their profits! You won't want to miss these.

Judge appoints receiver to sell off Alex Jones's Infowars assets to help pay Sandy Hook families

A state judge in Texas has appointed a receiver to take over and sell conspiracy theorist Infowars assets to help pay the more than $1 billion he owes in legal judgments to the families of victims of the .

How India ended up facing steep US tariffs despite its strategic partnership

NEW DELHI (AP) — U.S. President Donald Trump has vowed for its purchases of , bringing the combined tariffs imposed by the United States on to 50%. India has called the additional tariffs “unfortunate.”

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Tech Expert: AI Boom Could Have Greater Financial Impact Than Dot-Com Crash

Tech expert Erik Gordon has predicted that the potential crash of the AI boom could have a more severe financial impact than the dot-com bust.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service