Fidelity marked up the value of its X Holdings shares by 32.37% in October, the largest monthly increase since helping Elon Musk buy the company in 2022. The big picture: Even with the valuation boost,

Australia Prime Minister Anthony Albanese said on Sunday that criticism by Elon Musk of Australia's social media ban on children under 16 was the X owner pushing an agenda for the social platform, while indicating he was open to talk to the billionaire about the ban,

Australia's prime minister said Sunday he was ready to "engage" with billionaire X owner Elon Musk over his criticism of the government's ban on under-16s joining social media."The obligation will be on social media companies to do everything they can to make sure that those people under 16 don't have access to social media,

The new law will deliver a message to tech companies to "clean up their act," the country's prime minister has said.