Alibaba aquires Infinity Augmented Reality The Israel-based start up's augmented glasses can be used by consumer-facing companies and integrated into apps. In 2016, Alibaba led InfinityAR's series C funding round which raised $18m. Read more.
Uber may purchase Dubai-based Careem The deal for Careem, a transportation network company with operations in over 100 cities, has been speculated to be worth $3bn. Uber has been seeking new growth avenues as competition within the sector increases. Read more.
London to see recyclable and compostable cups from Starbucks The coffeehouse operator will trail cups designed by the winners of the NextGen Cup Challenge, a project that saw Starbucks and McDonald’s offer prizes for solutions for reducing the amount of cups that go unrecycled. Read more.