An Australian Cabinet minister on Friday rejected X Corp. owner Elon Musk’s allegation that the government intended to control all Australians' access to the internet through legislation that would ban young children from social media.
Treasurer Jim Chalmers said Musk’s criticism was “unsurprising” after the government introduced to Parliament on Thursday legislation that would fine platforms including X up to 150 million Australian dollars ($133 million) if they allow children under age 16 to hold social media accounts.
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