Alibaba has purchased an Israeli augmented reality (AR) company InfinityAR in a deal thought to be worth more than $10 million (£7.5 milion). This morning the Chinese ecommerce giant announced that it was to acquire the startup, in which it already had a significant stake, for an undisclosed sum. In...

Walmart is thought to be the latest company to jump on the game streaming bandwagon, just a week after Google announced its own platform Stadia. According to USgamer, the US retail giant is working on a game streaming service of its own, set to join what is becoming an increasingly competitive marke...

Pinterest has announced plans to launch an initial public offering (IPO) on the New York Stock Exchange, marking the latest social media company to go public. The picture sharing platform announced its plans to launch an IPO on Friday, but is yet to reveal how much money it plans to raise. Launched...

Tesla has made another dramatic U-turn on its consumer facing practices, announcing its set to bring back its referral programme after scrapping it in February. The electric car retailer scrapped its customer referral programme, which offered a range of incentives, on February 1 following concerns t...

Apple’s stocks have risen for the ninth consecutive day following a string of product launches ahead of its big media event next week. The tech retailer has quietly released four new products this week, a nearly unheard-of strategy for Apple which has historically released a string of products durin...

Tesla has announced that the upcoming three per cent price hike on all of its models bar the Model 3 will be delayed. Due to an influx of last-minute orders, Tesla announced via Twitter yesterday that the upcoming price hikes will be delayed until midnight tonight, meaning users can still purchase c...

Chinese tech giant Tencent Holdings is reportedly considering a $3 billion (£2.27 billion) bid for a 10 per cent stake in health and beauty retail giant AS Watson. According to Bloomberg Tencent, which is thought to be worth more than Facebook and already holds stakes in companies like Spotify, Snap...

Google has officially announced its video game streaming platform Stadia, in a move which stands to disrupt the entire $140 billion industry. Yesterday evening the Alphabet-owned company revealed its new streaming service at the Gaming Developers Conference in San Francisco, sending shares of leadin...

Google is expected to become the first tech giant to reveal its video game streaming service during a conference this evening. The tech giant is due to host a press conference at 5pm GMT today at the Game Developers Conference in San Francisco, and is expected to launch its hotly anticipated “Projec...

Ocado has announced plans to open an office in Washington D.C. for its Ocado Solutions technology, as its shares soar off the back of healthy financial results. The online grocery retailer said that it is in the process of establishing a permanent base in the Washington D.C. area, and in the mean ti...