Good morning! Here is the tech news you need to know this Thursday.
1. Facebook crushed its third-quarter earnings but warned investors that future profitability will be impacted by increased investments in security. The social network grew its daily active users to 1.37 billion, a 50 million user increase from the previous quarter.
2. Apple CEO Tim Cook thinks Google and Facebook are facing a much bigger and more dangerous problem than ads placed by Russia-linked groups during last year’s election. Instead, he thinks misinformation and “fake news to broad numbers of people” are more important issues.
3. Eric Schmidt, the executive chairman of Google parent company Alphabet, warned that China is poised to overtake the US in the field of artificial intelligence (AI) if the US government doesn’t act soon. Speaking at the Artificial Intelligence and Global Security Summit on Wednesday, the former Google CEO said: “Trust me, these Chinese people are good.”
4. TripAdvisor users are accusing the site of deleting their accounts of rape and assault. The users were given a variety of reasons for the deletions, from accusations of hearsay to violations of the site’s family-friendly policy.
5. Representatives of Facebook, Google, and Twitter are all testifying this week before congressional committees investigating Russia’s alleged interference in the 2016 US election. But the people speaking on behalf of those companies are their top lawyers — not their CEOs.
6. Apple published a press release with positive quotes from reviewers from publications like Buzzfeed, TechCrunch, a photography blog, and a few selected international newspapers. The iPhone maker also compiled those quotes into graphics and animations that appear to be perfect for use in advertisements or as a promoted post on Instagram or Twitter.
7. A law banning the use of virtual private networks, or VPNs, and other internet proxy services has come into effect in Russia. The law, the latest in a spate of legislation stifling internet freedoms in Russia, was pushed by authorities who cited concerns about the spread of extremist materials.
8. Microsoft veteran Julie Larson-Green is leaving after almost 25 years at the company. Larson-Green held 10 positions during her time at the Redmond-headquartered company, according to her LinkedIn profile. Some of her most recent and most senior positions include chief experience officer for Office and VP of Windows.
9. Google has announced some new hardware: A set of devices to help businesses with video conferencing. The Hangouts Meet hardware comprises of a touchscreen controller, a 4K camera, a speakermic, and a Chromebox computer.
10. Elon Musk said Tesla aims to start producing cars in China in 2020. The news follows a Wall Street Journal report that Tesla struck a deal with Shanghai’s government to set up its own manufacturing facility in the city.