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Paveau d'Orov, the founder and chief executive of telegram, was charged by French authorities for crimes related to illegal activity on the social media app.

The Russian billionaire was detained in France on Saturday as part of a wider investigation into the platform.

He was released from custody on Wednesday but is barred from leaving the country.

French authorities are formally investigating the platform for crimes including

unmoderated distribution of child abuse images.

Telegram has denied responsibility.

In video, an American shipmaker reported $30 billion in revenue in the three months to July, up by 122% from the same period a year ago and 15% from the previous quarter.

Net income at 16.6 billion dollars was up by 168% year on year.

Despite the strong earnings, some investors had expected even better,

and the firm's shares fell by roughly 2%.

Profits at BYD, China's biggest carmaker,

rose by 24% year-on-year during the first half of 2024.

Higher electric vehicle sales boosted revenues.

Demand for EVs is faltering and China's consumers

have been wary of spending amid a housing crisis.

...