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Tech

The latest tech news is always changing as hi-tech firms continually release new data, mobile gadgets and software, Find out about new AI, VR, robotics, gaming, fintech and other hot technology topics as the announcements are made and as the latest developments happen. Don’t let yourself fall behind as this industry races forward.
The largest High Street lender in Britain is undergoing a reorganization in order to better serve customers who prefer online banking to brick-and-mortar branches. (REUTERS/Toby Melville)

Lloyds Banking Group announced its plans to eliminate 6,240 jobs but will create 8,240 new ones during a digital services overhaul to better serve customers online and over mobile.
In the United States and Canada, growth remained flat. In Europe the number of daily users fell. (image: shutterstock.com)

Facebook’s daily user growth is slowing down according to the company’s latest figures. The firm’s newly released data also revealed that the company has missed its revenue forecasts.
Netflix CEO Reed Hastings in his Q2 shareholder letter: “We’ll continue to finance our capital needs in the high-yield market,” (imag: Shutterstock.com)

Netflix announced on Monday it was raising another $2 billion in debt in order to pay for content acquisition and production of content so it could keep up with growing competition pressure.
An Addison Lee delivery van drives through central London, Britain (image: REUTERS/Toby Melville)

Addison Lee boss, Andy Boland, announced the taxi company is working with Oxbotica, self-driving software specialist, to make digital maps for self-driving shared London minibus shuttles.
This time automation and artificial intelligence are a game changer for your job. Read why.

Opinions differ on just how much of an impact automation and AI will have on the global economy while investment in this area is not slowing down. Spending in automation  is expected to surge to almost $232bn by 2025 compared to an estimated $12.4bn today.
Google is putting its reputation at risk, while employees’ opinion is no longer needed. (image: REUTERS/Aly Song)

Today, The Intercept confirmed what Google's CEO Sundar Pichai shared at the 25 Wired Summit: Google is developing a "censored" version of it search engine for the Chinese market.
Commercial sub-orbital spaceflights are coming faster than you think. Image: shuterstock

Virgin Galactic founder and CEO Sir Richard Branson has announced that the company is only “weeks not months” away from space flight, ahead of its rivals SpaceX and Blue Origin.
Facebook - Leave or stay? image shuterstock

Facebook might be soon more known in the Western world for its data breach than helping freedom of speech. After Cambridge Analytica in March and Facebook's CEO Mark Zuckerberg's speech before the U.S Congress, Facebook has lost of credibility lately - especially to its shareholders. 
"Funding secured!" Are you high Mr Musk? REUTERS/Rebecca

Elon Musk and Tesla must each pay a $20 million fine for the CEO’s tweet regarding taking the company private and securing funding, and Musk will step down as company chairman.
Instagram founders Mike Krieger (L) and Kevin Systrom: "We’re now ready for our next chapter.” Image: REUTERS/Stephen Chernin

Instagram co-founders, CEO Kevin Systrom and CTO Mike Krieger have suddenly resigned, adding to Facebook’s struggles after WhatsApp CEO Jan Koum also quit.