Samsung has now admitted that its Galaxy S8's facial recognition technology is not fit for carrying out mobile payments. The feature is said to be not as secure as fingerprint and iris recognition, and it would take time before it could be used in authenticating Samsung Pay transactions. On Tuesday, someone from Samsung told The Investor that the facial scanning technology of the Galaxy S8 and S8 Plus is not secure enough for mobile payments. The same source stated that the South Korea giant needs more than four years before the feature could be ready to handle mobile payment transactions. "In order for facial recognition to be solely used for financial transactions, it would take more than four years considering the current camera and deep learning technology levels," the source was quoted as saying.

Lauri Love, the alleged computer hacker, has been alowed to challenge his extradition to the US. Authorities in America want Mr Love, who has Asperger syndrome, to face trial on charges of cyber-hacking. But his lawyers say that could mean a sentence of up to 99 years in prison if he is found guilty, and that he would not be able to cope with such punishment. The 32-year-old activist is alleged by the US to have stolen huge amounts of data from US agencies, including the Federal Reserve, the US Army, the Department of Defence, Nasa and the FBI in a spate of online attacks in 2012 and 2013. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph.

The founder of FaceApp has apologised after complaints from users about the app's'Hot' filter lightening their skin. The free app uses artificial intelligence to dramatically alter selfies, in a similar manner to Prisma and Meitu. It's currently trending in the Google Play store and Apple App Store, having become a viral hit for the wrong reasons. Users this week pointed out that FaceApp's'Hot' filter was whitening their skin tone and making them look more "European". So I downloaded this app and decided to pick the "hot" filter not knowing that it would make me white.

Snooker player Neil Robertson claims a ruinous addiction has harmed his professional career. It's not alcohol, it's not drugs – it is video games. In a recent interview with Eurosport, the Australian said his compulsive need to play the online fantasy game World of Warcraft interfered with his training and preparation for a tournament in China. "I'm two months sober from playing them," he told the site. "My friend said to me: 'you don't get to choose the crack you are addicted to'. And the multiplayer online ones I can't touch because I just get too hooked on them."

With fintech startups threatening the traditional banking industry, some financial institutions are refusing to play the role of helpless victim by launching their own innovation hubs. However, most of these idea labs aren't found in the U.S. Rather than resign themselves to fate and surrender market share as they are increasingly marginalized by fintech startups, many of the world's leading banks are taking the lead with a proactive strategy: launching their own internal innovation labs. These aren't just hollow corporate initiatives designed to generate some PR buzz. And they go beyond the typical R&D department you might find tucked away in some corner office. They are bona fide programs, with their own slick facilities backed by a real investment -- both money and manpower.

At that point, technological revolution was still in its deployment phase. In 1908 Henry Ford had introduced the idea of Fordism and the production line. It was a brand new concept. Sales of the Ford car accelerated pretty quickly, pretty exponentially for the time. There's the readjustment phase: Wall Street crashed in 1929, followed by the depression and then World War II.

Can a machine learn aesthetics in a way a human would? Could it then look at a set of photos, and draw on those same aesthetics to reproduce a different set? It's a big question because it has long-term implications for how AI is going to develop. Is it just what you "like"? How does it all work? When you as a human find it hard to express what you like do you think a machine going to find it easy?

Chatbots are the new rage as more top brands are advancing the technology and integrating it into their chat systems. Big names such as Facebook and Telegram have already made moves in this arena by creating their own chatbots and chatbot platforms. Over the past couple months, I've been trying to implement chatbots into my company Due. For many, chatbot marketing can sound overwhelmingly complicated, but a chatbot, not so much. It can truly save you enourments of time.

Artificial intelligence and other technologies will cause people "more pain than happiness" over the next three decades, according to Jack Ma, the billionaire chairman and founder of Alibaba. "Social conflicts in the next three decades will have an impact on all sorts of industries and walks of life," said Ma, speaking at an entrepreneurship conference in China about the job disruptions that would be created by automation and the internet. A key social conflict will be the rise of artificial intelligence and longer life expectancy, which will lead to an aging workforce fighting for fewer jobs. Ma, who is usually more optimistic in his presentations, issued the warning to encourage businesses to adapt or face problems in the future. He said that 15 years ago he gave hundreds of speeches warning about the impact of e-commerce on traditional retailers and few people listened because he wasn't as well-known as he is now.

Thirty years into the future, nobody's job will be safe from the robots -- not even the CEO's. That's according to Chinese billionaire Jack Ma, who warned in a Monday speech that "the world will see much more pain than happiness" as automation and the internet disrupt traditional jobs worldwide. "Social conflicts in the next three decades will have an impact on all sorts of industries and walks of life," Ma, chairman of China-based e-commerce giant Alibaba, told an entrepreneurship conference in Zhengzhou, China. The disruption will even reach into the C-suites at major companies, Ma predicts, as robots are quicker and more rational than humans, and don't get bogged down in emotions -- getting angry at competitors, for example. "In 30 years, a robot will likely be on the cover of Time Magazine as the best CEO," according to Ma. To prevent social upheaval, the world must change its approach to education and establish ways to work with robots to soften the blow of automation, Ma said.