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- The US will ban TikTok unless it’s sold off. What happens now?by Peter O’BRIEN on April 26, 2024 at 1:12 pm
US President Joe Biden signed a law this week giving TikTok’s Chinese owner ByteDance nine to 12 months to sell the popular video-sharing app or face a ban. The company has vowed to fight this in the courts. How might the showdown play out, and what does it mean for TikTok users globally? FRANCE 24’s Tech Editor Peter O’Brien tells us more.
- Economy takes centre stage as India heads to the pollsby Charles PELLEGRIN on April 25, 2024 at 1:45 pm
India has kicked off its marathon elections, with nearly a billion people eligible to cast ballots. High on voters’ minds will be issues relating to the country’s economy. How has the world’s most populous nation and fifth-biggest economy fared since the 2014 elections that brought Prime Minister Narendra Modi and his Hindu nationalist BJP to power? Have the lives of India’s people materially improved? We take a closer look in this special edition.
- Meta beats expectations on revenue, profits but AI spending spooks investorsby Bryan QUINN on April 25, 2024 at 12:53 pm
Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant’s increased capital expenditure on AI infrastructure. Also in this edition: British mining giant BHP makes a $39 billion bid for its rival Anglo American, and Boeing’s losses deepen.
- Crisis-hit Boeing reports quarterly revenue dropby Yuka ROYER on April 24, 2024 at 9:09 pm
Under intense pressure since part of the fuselage on its 737 MAX plane blew out mid-flight back in January, Boeing has reported its first-quarter results, with revenue falling to $16.5 billion and a cash burn of nearly $4 billion. Yet the figures were still better than feared. The planemaker’s board has yet to name a successor to CEO Dave Calhoun, who announced his resignation last month. Plus, the EU launches a probe into China’s medical device market, drawing a sharp response from Beijing.
- After US Senate votes in favour of potential ban, what’s next for TikTok?by Charles PELLEGRIN on April 24, 2024 at 9:23 am
On Tuesday, the US Senate approved a measure that would force the owner of social media app TikTok to either sell the US unit of the company or face a ban. The Chinese-owned group stands to lose a lot if it leaves the US market and is already planning to fight the bill in the courts, arguing it goes against users’ free speech rights. Also in this edition, FRANCE 24’s Bryan Quinn looks at Tesla’s falling revenues and profits amid competition from cheaper rivals.