Tesla posts record $710m net loss as it struggles to produce Model 3 cars

Concerns over company’s future after it burned through $745.3m in cash during important quarter, though revenue grew 26%

Tesla posted a record $709.6m net loss in the first quarter and burned through $745.3m in cash while struggling to crank out large numbers of its Model 3 mass-market electric car.

The loss and cash burn announced Wednesday raised questions about the company’s future and whether it would be able to pay all of its bills by early next year without more borrowing or another round of stock sales.

Continue reading… …read more

Lara, B.J., Kratos: Who’s next? 5 games ready for a ‘God of War’-style reboot

A few classic heroes have had critically adored returns recently, reviving franchises everyone assumed were too flat to bring back. We dug deep and found a few characters we think would benefit from a more nuanced story and modern gameplay.

The post Lara, B.J., Kratos: Who’s next? 5 games ready for a ‘God of War’-style reboot appeared first on Digital Trends.

…read more

Cambridge Analytica closing after Facebook data harvesting scandal

Political consultancy, under fire over use of millions of Facebook users’ data, has begun insolvency proceedings

Cambridge Analytica, the data firm at the centre of this year’s Facebook privacy row, is closing and starting insolvency proceedings.

The company has been plagued by scandal since the Observer reported that the personal data of about 50 million Americans and at least a million Britons had been harvested from Facebook and improperly shared with Cambridge Analytica.

Continue reading… …read more

Facebook fires engineer accused of stalking, possibly by abusing data access

Employee allegedly called himself ‘professional stalker’ on Tinder as site seeks to launch dating app and faces privacy scandal

Facebook has fired a security engineer after he was accused of stalking women online possibly by abusing his “privileged access” to data, raising renewed concerns about users’ privacy at the social network.

The controversy, which came to light after the employee allegedly called himself a “professional stalker” in a message to a woman he met on Tinder, is particularly bad timing for Facebook, which announced this week that it is launching an online dating feature while it continues to battle a major privacy scandal in the US and the UK.

Continue reading… …read more