10 things in tech you need to know today

Masayoshi Son SoftBank Koki Nagahama/Getty ImagesMasayoshi Son, chairman and chief executive officer of SoftBank Corp speaks during the news conference on June 18, 2015 in Chiba, Japan.

Good morning! Here’s the technology news you need to know this Friday.

1. Lyft raised $US1 billion (£761 million) in a funding round led by CapitalG, the investment arm of Alphabet, Google’s parent company. Google is also an early investor in Uber. Google Ventures poured $US258 million (£196 million) into Uber back in 2013.

2. The most important new Apple Watch feature has been shut down in China. There is no carrier currently offering service for the Apple Watch Series 3 with LTE in China.

3. SoftBank plans to invest roughly $US880 billion (£670 billion) in tech through its already-massive Vision Fund. “Vision Funds 2, 3 and 4 will be established every two to three years,” according to CEO Masayoshi Son.

4. Two local residents are planning to appeal the decision to allow Apple to build a data centre in Ireland. Their case is due back before Justice McDermott on October 25.

5. Facebook’s top lawyer will testify before Congress on Russia-linked ads. CEO Mark Zuckerberg and COO Sheryl Sandberg will not publicly testify.

6. Apple stock slipped after reports of iPhone 8 production cuts. Apple has cut production orders linked to the iPhone 8 by more than 50% for the rest of the year.

7. Twitter admitted it hasn’t kept its promises to make the site safer and published deadlines for new rules. “Far too often in the past we’ve said we’d do better and promised transparency but have fallen short in our efforts,” the company said.

8. Security flaws in children’s smartwatches mean hackers can use them to spy on children’s locations. At least one retailer has since pulled some of the devices off its shelves.

9. Nintendo added a bunch of crucial features to the Switch. It added game video recording and save transfers, amongst other features.

10. Google Play will now let you try select Android apps before installing them. The feature was first mentioned back in May 2016.

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