Wed08232017

LAST_UPDATEThu, 24 Aug 2017 9am

Amazon’s Hollywood Spending Soars, Returns Unclear

SAN FRANCISCO - Amazon.com Inc (AMZN.O) is quickly ramping up the billions of dollars a year it spends on creating and licensing TV shows and films, signaling the retailer plans to be in show business for the long haul.

Read more: Amazon’s Hollywood Spending Soars, Returns Unclear

China Warns Students Against Online Games

BEIJING -- Middle and primary school students across China should avoid getting addicted to online and mobile games during the summer vacation, the Ministry of Education (MOE) said in an announcement Wednesday, China's Xinhua news agency reported.

Read more: China Warns Students Against Online Games

Amazon Picks Its First Australian Warehouse, A Step Towards Launching

Pic: ReutersSYDNEY: U.S. retail giant Amazon.com unveiled the location of its first warehouse in Australia on Thursday, picking an industrial area outside Melbourne in a major step towards launching operations in the world's 12th-largest economy.

Read more: Amazon Picks Its First Australian Warehouse, A Step Towards Launching

New Website Aims To Track Russian-Backed Propaganda On Twitter

Pic: ReutersSAN FRANCISCO: A website launched on Wednesday seeks to track Russian-supported propaganda and disinformation on Twitter, part of a growing non-governmental effort to diminish Moscow's ability to meddle in future elections in the United States and Europe.

Read more: New Website Aims To Track Russian-Backed Propaganda On Twitter

Model 3 Demand, Higher Revenue Propel Tesla Shares Higher

SAN FRANCISCO: Tesla Inc (TSLA.O) reported quarterly revenue that doubled on Wednesday and a loss that was the electric car maker's largest ever, but its shares rose after revealing more than 1,800 daily reservations for the Model 3 and predicting increased Model S deliveries in the second half of 2017.

Read more: Model 3 Demand, Higher Revenue Propel Tesla Shares Higher

Asian Tech Shares Boosted By Apple's Robust Earnings

TAIPEI - Asian tech shares rallied on Wednesday on the back of Apple's robust earnings, with hopes the iPhone maker's fortunes will help boost sales of the region's hardware component suppliers ahead of the new iPhone launch.

Read more: Asian Tech Shares Boosted By Apple's Robust Earnings

British Airways Says Heathrow Check-In Problem Resolved

LONDON - British Airways said it had resolved an issue with its systems that affected the check-in process on flights from Heathrow on Wednesday, saying that customers were now being processed as normal.

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Jakarta Bans Motorbikes From New Road Over Selfie Risk

The Semanggi Interchange is named after a common plant which resembles a four-leaf clover and the roads it passes over are shaped the same way.

JAKARTA - Jakarta's administrators have banned motorbikes from a new overpass that opened in the city this weekend, over fears that its potential popularity as a spot for taking selfies could cause accidents.

Read more: Jakarta Bans Motorbikes From New Road Over Selfie Risk

Beijing To Use AI To Fight Crime

BEIJING - China is looking to predict and prevent crime with the help of AI technology, according to a Financial Times report.

Read more: Beijing To Use AI To Fight Crime