TECHNOLOGY AND MIGRATION
Facebook to make new investment in London despite Brexit
London — Facebook on Monday became the latest US tech giant to announce new investment in Britain with hundreds of extra jobs but hinted its success depended on skilled migration after Britain leaves the EU. The premier social network underlined London’s status as a global technology hub at a British company bosses’ summit, where Prime Minister Theresa May sought to allay business concerns about Brexit. "London is absolutely a global hub for technology," Nicola Mendelsohn, Facebook’s vice-president for Europe, the Middle East and Africa, told the Confederation of British Industry (CBI) conference. Mendelsohn said Facebook would open its new headquarters in the British capital in 2017, taking its UK workforce to 1,500 from about 1,000. "It’s a place where, frankly, our engineers want to come and work," she said, stressing that the company had staff from 65 nationalities working in the British capital. "The movement of talent is something that obviously matters to us," she said, altho...
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