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TikTok challenges potential US ban in court
TikTok challenges potential US ban in court
Technology
by  AFP

TikTok and its Chinese parent company ByteDance filed a legal challenge against the United States on Tuesday, taking aim at a law that would force the app to be sold or face a US ban. This comes around two weeks after President Joe Biden signed a bill giving TikTok 270 days to find a non-Chinese buyer or face a ban in the country.

Ferrari confirms 2024 guidance after first quarter boost
Ferrari confirms 2024 guidance after first quarter boost
Economy
by  AFP

Italian luxury carmaker Ferrari on Tuesday posted a double digit rise in both profits and sales for the first quarter of 2024, and confirmed its full-year guidance. For the whole of 2024, the group continues to expect revenue growth of more than 7 percent to more than 6.4 billion euros and gross operating income, or EBITDA, to rise by a similar amount 2.45 billion euros.