Brazil

Reddit looks to UK, India, Brazil and the Philippines to spur international growth

Reddit is concentrating on international markets such as the U.K., India, Brazil, and the Philippines to bolster its user base. More than 50% of Reddit’s user base is outside of the U.S., the company’s chief operating officer, Jen Wong, told CNBC in an interview. Wong highlighted India, signaling that English-speaking users from the country are […]

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Musk dodged Brazil’s X ban by ‘coincidence,’ says Cloudflare CEO

X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. However, Cloudflare’s CEO Matthew Prince tells TechCrunch that X going

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Top court orders ban on Elon Musk’s X in Brazil

A top court in Brazil ordered an immediate, country-wide suspension of the X platform on Friday after a months-long legal battle with Elon Musk’s social media company over content moderation, according to Bloomberg.   Earlier this month, X closed its operations in Brazil in protest against court orders asking it to remove accounts that allegedly

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Lux Capital made its first investment in Brazil, a $4M seed for AI fintech Magie

Brazil fintech Magie raised $4 million in a seed round led by Lux Capital, marking the firm’s first investment in Brazil. The company, which has raised $5.1 million in total, is creating an AI-powered financial assistant. The current product allows people to send money and pay bills through WhatsApp.  For cofounder Luiz Ramalho and Lux

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