Facebook shares dip from high as investors fret over costs, future profit

Facebook reported surging quarterly profit and revenue on Wednesday, helped by its fast-growing mobile ad business. But its shares dipped from a record high in after-hours trading as investors showed some nervousness about future earnings. The world’s biggest online social network, which is nearing the five-year anniversary of its initial public offering, is searching for new types of advertising features to supplement its main revenue streams that it expects to cool off this year. Facebook is hiring moderators. But is the job too gruesome to handle? Read more Facebook’s shares…

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Elon Musk wants name for new boring machine. Internet goes wild

Elon Musk needs a name for his new digging machine – so he asked the internet. And we all know how much the internet likes naming things. The Tesla CEO has a new venture called the Boring Company, which, rather than being a company about uninteresting things, is a tunnelling company aiming to help Los Angeles traffic by digging tunnels underneath the city. Last week a tunnelling machine was spotted: The cool stuff I see outside the office. Can't wait to see some tunnels! #theboringcompany #workperks A post shared by…

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MPs vulnerable to cyberattacks after dissolution of parliament – report

MPs who are leaving the protection of parliament for the campaign trail will render the election significantly more vulnerable to hacking, leading security researchers have warned. According to Dr Udo Helmbrecht, executive director of the European Union’s Agency for Network and Information Security (ENISA), hackers have their best opportunity to intervene in democracies in the weeks running up to the election because parliament’s information security services are no longer overseeing their accounts. If hackers want to disrupt a democracy, elections are the time to do it, he said. As MPs…

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Drone home: Amazon to triple R&D staff at Cambridge base

Amazon is to more than triple its research and development team in Cambridge working on tech innovations such as its Alexa digital assistant, delivery drones and Echo smart speaker. The US online retailer is opening a new building in the city with room for 400 experts in mathematical modelling, speech science, machine learning and “knowledge engineering”. Once full, the 60,000 sq ft centre adjacent to Cambridge train station will increase the number of Amazon tech experts in the city to 550. Amazon’s existing development centre in the city’s Castle Hill…

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Mark Zuckerberg challenges Trump on immigration and ‘extreme vetting’ order

Mark Zuckerberg criticized Donald Trump’s executive order to severely limit immigrants and refugees from certain Muslim-majority countries, becoming the most high-profile tech industry leader to speak out against the president since the election. “Like many of you, I’m concerned about the impact of the recent executive orders signed by President Trump,” the Facebook CEO wrote on his Facebook page. “We need to keep this country safe, but we should do that by focusing on people who actually pose a threat … We should also keep our doors open to refugees…

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Peugeot 3008 car review – ‘It’s funny-looking’

The Peugeot 3008 has sleek, long lines in the body, then an abruptly curtailed snout, as if it’s been punched in the face. Inevitably, then, I started to wonder why someone might want to punch it in the face. This ridiculous Peugeot fascination with vista, a huge great windscreen delivering less-than-brilliant visibility, thanks to its very shallow angle and hefty A-frame? I could live without that. The highly effective fragrance diffuser that gave the eerie impression of having swapped one’s regular family for aliens or furniture? That was a bit…

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