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.

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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.

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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.

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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.

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Shares in Snapchat owner plummet as redesign hits results

Snap counts cost of backlash by social media users after share price hits record low

Shares in Snapchat’s parent company have hit a record low after its results revealed the cost of a backlash against a redesign of the social messaging app.

Snap’s share price fell 22% to $10.96 (£8.05) in early trading as investors reacted to ongoing concerns over its struggle to compete with Facebook and its subsidiary Instagram.

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Red Dead Redemption 2: new trailer released for 2018’s most anticipated game

Rockstar Games offers new glimpse at wild west prequel ahead of October release

Rockstar Games has released a new trailer for Red Dead Redemption 2, one of the most anticipated video games of the year.

The game, which will be out on October 26, is a prequel to 2010’s Red Dead Redemption, a western set in 1911 that followed the ill-fated outlaw John Marston in his attempts to redeem himself in the eyes of the law. Red Dead Redemption 2 stars Arthur Morgan, a member of the Van der Linde gang that played a pivotal role in the first game’s storyline. It is set in 1899, and the new trailer shows the gang on the run as the West becomes less wild.

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