Tokyo's Hypergrowth Program and Elon Musk's Battle with Brazilian Supreme Court Judge

April 12, 2024, 3:50 pm
Financial Times
Financial Times
Location: United Kingdom, England, City of London
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Tokyo aims to become the most startup-friendly city with the help of Startup Genome's Hypergrowth program, while Elon Musk faces backlash from Brazilian Supreme Court Judge Alexandre de Moraes over X accounts.

In the bustling world of startups, Tokyo is making waves with the Hypergrowth program, a joint venture between Startup Genome and the Tokyo Metropolitan Government. This program aims to propel Tokyo's tech companies into successful global commercialization and expansion into international markets. With a focus on scaleups rather than startups, the program provides access to global mentors, scaling advice, go-to-market support, and connections to potential investors.

Meanwhile, in the realm of social media, Elon Musk finds himself in hot water with Brazilian Supreme Court Judge Alexandre de Moraes. Musk's criticism of Moraes' decision to block certain accounts on X has sparked controversy, with Musk calling the orders unlawful and demanding Moraes' resignation or impeachment. The accounts in question are believed to be associated with far-right movements that have thrived on social media platforms.

Moraes, known for his role in defending Brazilian democracy during the 2022 presidential election, has imposed strict penalties on X for failing to comply with court orders. Musk's stance as a free speech absolutist clashes with the increasing pressure on social media platforms to comply with government regulations on hate speech and extremist content.

As Tokyo strives to become a hub for innovation and entrepreneurship, and Elon Musk battles legal challenges in Brazil, the worlds of startups and social media continue to evolve in the ever-changing landscape of technology and business.