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Revolut and Lloyds Bank customers woke up to a frustrating morning as both services went down simultaneously just before seven AM British time. Revolut confirmed the outage was hitting multiple services, with nearly fifteen hundred reports flooding Downdetector at peak. When two major financial platforms fail at the same moment, questions about shared infrastructure are hard to ignore.
Meanwhile, a new report is putting hard numbers on a problem IT leaders have quietly complained about for years. Enterprises are now spending close to a third of their technology budgets just keeping existing software running, with ninety-one percent having upgraded hardware in the past three years simply to stay supported. It raises a real question about who is actually in control of those spending decisions.
And on a lighter note, Heineken has partnered with Amazon to launch what it is calling Pubscription, billed as the world's first streaming service for nights out. The idea, announced in two thousand twenty six, borrows the language of Netflix-style discovery and applies it to finding bars and venues. Whether people actually want an algorithm choosing their local is another matter entirely.
Keep surfing. Tech Beat out.
