Cambridge Analytica shuts down, Tesla posts Q1 earnings
This is CNET and here are the stories that matter right now.
Cambridge Analytica, the political consulting firm at the center of the recent Facebook privacy scandal is closing it's doors.
The company confirmed it was shutting down and reports suggests mounting legal bills and fleeing clientele contributed to the closure.
Facebook banned the firm earlier in 2018 after alleging it improperly acquired data for 87 million user profiles and used it for targeted political ads on the social platform.
Tesla released an investor letter outlining its first quarter performance for 2018.
The company is still burning cash, but it didn't spend as much as market analysts thought it would.
In addition, it's still behind in Model 3 production, but Tesla says it plans to hit its 5,000 a week production target by the end of Q2.
The company believes if it can hit that goal, it will start turning a profit later this year.
Hulu announced it would begin supporting offline viewing of its content.
In a presentation to advertisers, Hulu noted it would be the first streaming service with offline downloads that also include commercials.
Users subscribing on the $7.99 a month ad supported plan will see some ad supported content, while users on the ad free $12.99 a month tier will not Hulu says the feature will be available starting now, through the summer of 2019.
Stay up to date with the latest by downloading the CNET Tech Today app in the Apple or Google Play stores.
Judge issues injunction against Uber and Lyft, WeChat ban could...
Huawei chip production shutting down, Twitter talks TikTok, NASA...
President effectively bans TikTok, Samsung Unpacked
Nintendo brings in major profits, TikTok gets a new competitor
Samsung Galaxy Note20 Ultra, Z Fold 2 and more announced in Unpacked...
Samsung Unpacked showcases new devices, partnerships
Apple's Schiller steps down, Microsoft Project xCloud launches...
Microsoft still pursuing TikTok buy, Googel Pixel 4A review
Microsoft continue TikTok talks, SpaceX crew splashes down
Tech CEOs grilled by Congress, new iPhone will be late