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.
"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.

Aston Martin has appointed Penny Hughes its first female chair just as it prepares for a £5 billion stock market flotation on the London Stock Exchange.

PACT survey data showed Netflix and Amazon Prime are a driving force behind a record £2.7B in UK television production industry revenues.
Theresa May: "UK can’t risk exclusion from the E.U.’s Galileo satellite navigation system’s core development"

British Prime Minister Theresa May has pledged £92 million toward a sovereign UK satellite navigation system in a play to pressure the EU to give the UK full access to Galileo.
Mass Production of Autonomous Cars

Toyota has invested £387 million into a new deal with Uber to develop self-driving cars that will be piloted in 2021 and then used on the rideshare firm’s network.
Wells brought Netflix and its finances through some of the deepest skepticism regarding its strategy

Netflix Chief Financial Officer David Wells has announced his resignation in order to pursue a focus on a future of philanthropy.
Britain's defence minister, Gavin Wiliamson, unveiled a model of a new jet fighter, called 'Tempest' - Image: REUTERS/Peter Nicholls

The United Kingdom’s Royal Air Force unveiled the Class 6 Tempest fighter jet at the Farnborough Airshow. The aircraft will be made nearly entirely in the U.K.
Teenager playing Fortnite video game

“Fortnite: Battle Royale” may be free, but it has used its in-game purchases to generate more than $1 billion in revenues and stands to earn $2 billion by the end of this year.
European Competition Commissioner Margrethe Vestager addresses a news conference on Google in Brussels

The European Union has fined Google £3.8 billion regarding its practices with the Android mobile operating system and a breach of EU competition laws.