First-quarter profits for Elon Musk’s company have more than halved,with the EV market awash with excess capacity and production.
As Elon Musk provoked worldwide attention for his fight against the Australian take-down order,the Coalition revealed it was in favour of barring young children from digital platforms.
At its heart,this case is about Australian sovereignty over a company that has a deep aversion to government authority.
Prime Minister Anthony Albanese has accused Elon Musk of choosing “ego and showing violence” over common sense as the X owner argues taking the videos down globally is censorship.
Unregulated big tech poses significant threats to the health of our democracy and social cohesion. So how can its power be reined in without killing free speech?
After Elon Musk compared the take-down order to something from a communist regime,politicians have lined up to slam the owner of X for acting like he is above the law.
The CSIRO/AEMO GenCost report has said for years,including during the time of Coalition governments,that wind and solar are the cheapest form of new energy for Australia,even when considering additional integration costs such as energy storage and transmission. Nothing has changed.
The Musk fan club is being sorely tested,as the company ricochets between issues including slowing sales,increased competition and falling vehicle deliveries.
It feels like social media is deteriorating at rapid speed. But the horrific content we’ve seen this week is a symptom of a broader problem.
Social media giant X has rejected demands from Australia’s eSafety commissioner to take down distressing images of this week’s Sydney knife attacks.
Political pressure on tech giants has grown throughout the week and leaders are fuming as misinformation and violent content continues to spread like “wildfire”.