Musk Weighs In On Social Media Ban as Big Tech Faces Heavy Fines

Good morning, it’s Keira here in Sydney with all the news you need to know to finish your week.

Today’s must-reads:
• Musk responds to social media ban
• Chris Ellison’s mea culpa
• Resolute CEO freed

Elon Musk has accused Anthony Albanese of trying to control Australians’ internet access in response to the planned social media ban for kids, which could see tech giants fined up to A$50 million. On this week’s Bloomberg Australia podcast, Chris Bourke and reporter Ben Westcott discuss the big question: will the ban even work? Listen here, or wherever you get your podcasts.

Finally, some good news for Qantas CEO Vanessa Hudson. The national carrier is the top-performing airline stock in Asia over the past year, and is expected to extend its climb with help from declining fuel prices.

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