09:32
Elon Musk's Neuralink receives Canadian approval for brain chip trial
Neuralink to trial brain implant in Canada, aiming to help paralysed patients control devices through thought.
Elon Musk blasts Australia's planned ban on social media for children
reuters
Reuters
Australia's centre-left government on Thursday introduced the bill in parliament. It plans to try an age-verification system to enforce a social media age cut-off, some of the toughest controls imposed by any country to date.
"Seems like a backdoor way to control access to the Internet by all Australians," Musk, who views himself as a champion of free speech, said in a reply late on Thursday to Prime Minister Anthony Albanese's post on X about the bill.
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent with no exemption for parental consent and pre-existing accounts.
France last year proposed a ban on social media for those under 15 but allowed parental consent, while the U.S. has for decades required technology companies to seek parental consent to access the data of children under 13.
Musk has previously clashed with Australia's centre-left Labor government over its social media policies and had called it "fascists" over its misinformation law.
In April, X went to an Australian court to challenge a cyber regulator's order for the removal of some posts about the stabbing of a bishop in Sydney, prompting Albanese to call Musk an "arrogant billionaire".
08:00
Trump and Musk Watch SpaceX Launch Starship, Booster Fails to Land
SpaceX launched its Starship rocket from Texas on Tuesday, watched by U.S. President Donald Trump. While the mission reached space, the booster failed to land as planned, splashing down in the Gulf of Mexico and exploding. The rest of the mission was successful.
12:43
Musk’s political rise sparks of debt recovery hopes for X
Wall Street banks are hopeful they can soon sell off $13 billion of debt tied to Elon Musk's social media platform X. They now believe that Musk's close relationship with President-Elect Donald Trump could improve X's prospects, allowing them to sell the debt without large losses.
15:42
Trump names Elon Musk to lead government efficiency drive
U.S. President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new Department of Government Efficiency. Tasked with cutting bureaucracy and regulations, the informal roles aim to restructure federal agencies, potentially boosting Musk's influence and business interests.
13:54
Musk's ties to Trump will reverberate through Tesla, other interests
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
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