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10 things you need to know this morning in Australia Hello folks. It's Friday.

Exit poll shows Boris Johnson's Conservative party is on course for a huge majority in the UK general election Boris Johnson is on course to win a parliamentary majority according to the official UK exit poll. The poll points to a clear majority for Johnson's Conservative Party.

The Australian government has revealed how it plans to crack down on Facebook and Google. Here's what it has in store. The Australian government has revealed how it plans to police Google and Facebook and break its dominance of the local media landscape, almost two years after it launched its 'Digital Platforms Inquiry'.

The ACCC has stalled Asahi's $16 billion buyout of Carlton & United Breweries, arguing it would reduce competition in the cider market The competition watchdog has stalled the $16 billion purchase of Carlton & United Breweries by Asahi, expressing fears the deal would reduce competition in cider, and may also reduce competition in Australia's beer market.

Mastercard is trialling a new digital service in Australia which allows you to identify yourself without physical documents Mastercard is trialling a new digital service in Australia that can veriy your identify without you needing multiple documents. It uses information stored on your phone, which is verified by reference points such as your bank or participating government agencies.

A new plant-based meat company has launched in Australia, backed by Atlassian's co-founder Mike-Cannon Brookes Plant-based meat company Fable has launched in Australia, backed by Atlassian co-founder Mike Cannon-Brookes. The company's products are made primarily from mushrooms but are designed to have the same texture and taste as meat.

A serial entrepreneur with 4 startups on his resume tells us what it takes to build a business, and what makes fintech different Alex Wheldon has founded four startups, three of which were acquired. He launched the latest, Rho Business Banking, in October. Fintech requires a balance of the speed of Silicon Valley and the compliance and regulatory standards at play in financial services.

Facebook drops 4% on report the FTC might block its plans to merge WhatsApp, Instagram, and other apps The Federal Trade Commission is mulling a preliminary injunction against Facebook, the Wall Street Journal reported Thursday. Shares fell as much as 4% in intraday trading after the report was published.

Canva cofounder says the $4.8 billion Australian startup is 'more stable' than WeWork, amid chatter about overvalued unicorns Canva's cofounder and chief product officer, Cameron Adams, has reiterated confidence in his company's massive $US3.2 billion valuation, saying the graphic-design startup has "underlying financial stability" that other big-money tech companies don't have.

How to hack your 2020 calendar to get 42 days of holidays from 4 weeks annual leave in Australia When you live on an island and the world is so far away, 4 weeks annual leave can feel like small change. The Americans may laugh at our need for extended holidays, but once you've taken a 20-hour flight across the Pacific, you don't want to be returning three days later.

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