Tue08222017

LAST_UPDATETue, 22 Aug 2017 8am

Volvo Cars To Share Engine Technology And More With Parent Geely

BEIJING- Sweden's Volvo Cars, a unit of Zhejiang Geely Holding Group, has agreed to make some engines available for Geely-branded vehicles, sources said, deepening ties between the carmakers who already share technology through third brand Lynk & Co.

Read more: Volvo Cars To Share Engine Technology And More With Parent Geely

Gopro Bets On Hero6 As It Plots Return To Adjusted Profitability

FILE PHOTO: A GoPro Hero 3+ camera is seen at the Nasdaq Market Site before before GoPro Inc's IPO in New York City, June 26, 2014.

GoPro Inc (GPRO.O) forecast a smaller-than-expected loss, and said it was on track to launch the latest version of its flagship camera by the holiday season, as the company seeks to achieve its goal of returning to adjusted profitability in 2017.

Read more: Gopro Bets On Hero6 As It Plots Return To Adjusted Profitability

Cyber Expert Who Stopped 'Wannacry' Attack Arrested In U.S. On Hacking Charges

Pix for illustration purpose only

SAN FRANCISCO - A cyber security researcher widely credited with helping to neutralize the global "WannaCry" ransomware attack earlier this year has been arrested on unrelated hacking charges, according to court documents unsealed on Thursday.

Read more: Cyber Expert Who Stopped 'Wannacry' Attack Arrested In U.S. On Hacking Charges

Tesla Shares Rise As Investors Bet On Model 3 Success

Tesla Inc's (TSLA.O) shares rose 6 percent on Thursday as investors continued to bet on CEO Elon Musk's ability to successfully take the company out of "manufacturing hell" as it ramps up production of its mass-market Model 3 sedans.

Read more: Tesla Shares Rise As Investors Bet On Model 3 Success

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