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Amazon to unveil its $1bn bet with 'Lord of the Rings' prequel launch
Amazon to unveil its $1bn bet with 'Lord of the Rings' prequel launch
by  AFP

Stanley Kubrick once famously said J.R.R. Tolkien's "The Lord of the Rings" trilogy of novels was unfilmable. "The Rings of Power" is set in Tolkien's "Second Age" -- a period of history in his fictional Middle Earth world thousands of years before the events of "The Hobbit" and "The Lord of the Rings."

Exec departures at Snap after report of workforce cuts
Exec departures at Snap after report of workforce cuts
by  AFP

Two top executives at Snap are leaving to join Netflix, the streaming giant said Tuesday, after a report emerged that the Snapchat parent company is to slash its workforce by a fifth. Netflix said in a statement that Snap's chief business officer Jeremi Gorman and Peter Naylor, the vice president of ad sales for the Americas, will be joining the company in September.

London mayor warns of possible 'Tube' fare hikes
London mayor warns of possible 'Tube' fare hikes
by  AFP

London's mayor warned Tuesday of possible fare rises and service cuts after the capital's transport operator struck a 20-month funding deal with the UK government that still leaves a budget "gap".

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