Amazon has introduced a new service, called AmazonFresh Pickup, that'll see items delivered to your vehicle rather than to your house. With it, you can have your groceries brought out from a store to your car, eliminating the need to do anything more than drive around.
Uber is getting out of Denmark due to new taxi regulations that'll make fare meters and seat sensors mandatory. The service will no longer be operational in that market come April 18. Those regulations couldn't reasonably be complied with since drivers use their own vehicles.
Twitter has announced its intention to begin monetizing content on Periscope, its livestreaming platform. Pre-roll ads will be found on both live and archived videos. This change runs the risk of turning some users off of watching content on the platform.
A significant portion of Tesla's shares has been acquired by Tencent, a large internet company based in China. Tencent purchased 8,167,544 shares, giving it a 5% stake. Those shares cost the company around $1.7 billion. Tencent is now one of the largest shareholders.
Google will release its WiFi and Home in the UK on April 6. During a small event in London, it revealed their release date. The Home smart speaker goes for £129, while the Google WiFi is £129 for a single unit and £229 for two. The Home will compete against Amazon's Echo.
Elon Musk, CEO of Tesla and SpaceX, has launched a new company, Neuralink Corp. It's going to develop "neural lace" technology that'll enable humans to merge their minds with computers and more specifically, AI. Musk has been interested in the technology for years.
Square is entering Europe for the first time and its initial European market will be the UK. It has set up an entity in the country, which is known as Squareup Europe. CEO Jack Dorsey announced the expansion during an event in London. The UK is the fifth market.
Amazon has confirmed it'll acquire Souq, which many have referred to as the "Amazon of the Middle East." Reports claim the companies have been in talks for months. Amazon plans to use Souq to offer "the best possible service" in the Middle East. The cost isn't known.
Ofcom has hit BT with a £42 million penalty due to the company illegitimately reducing its compensation payments for not installing lines in a timely manner. BT compensates third-party providers when leased lines aren't delivered on time and it attempted to save money.
Faraday Future is no longer going to set up an assembly factory in California. The electric vehicle company isn't moving forward with either its factory or its "experience center" showroom for Mare Island in Vallejo, California. It's been struggling financially.
Michael Hillman has been hired by Facebook to become the leader of VR hardware at Oculus. He worked at Apple for 15 years and now he'll work alongside Oculus COO Hans Hartman on a variety of virtual reality products. He worked on engineering at Apple.
Uber is arguing in a US appeals court that users give up their right to sue once they begin using the service. According to the company, accepting Uber's terms and conditions means forfeiting the ability to file a lawsuit and those terms are easily accessible.
Lyft has announced it's going to let passengers round up their ride fare to donate the difference to charity. It's initially rolling out the "Round Up & Donate" feature as a test and users will get it in the coming weeks. The feature is entirely opt-in.
Following disappointing holiday season sales, GameStop is going to close upwards of 150 stores this year. It has revealed it'll close around 2-3% of locations around the world. GameStop operates over 7,500 stores globally. GameStop partly blamed some weak AAA sales.
Nintendo is going to have a big E3 presence this year. According to Nintendo of America president Reggie Fils-Aime, the company intends to highlight multiple games during the event. He didn't go into details about what will be present at E3. Switch and 3DS games will be present.
Amazon already collects state sales taxes in many places throughout the US, but it hasn't implemented that function everywhere. Come April 1, that'll no longer be the case. It's going to roll out sales tax in Hawaii, Idaho, Maine, and New Mexico, the only remaining states.
As it continues to work through difficult finances, SoundCloud has taken out a $70 million loan from a group of financial institutions. The "debt funding" is coming from Kreos Capital, Davidson Technology, and Ares Capital. It secured the funding on March 10.
All major US carriers have the latest flagship LG smartphone available for pre-order, but there is still no unlocked LG G6 model for purchase or pre-order. Luckily, that will change soon as LG Mobile's official US website says that an unlocked G6 is "coming soon."
Apple is going to start making smartphones in India within the next two months, reports the Wall Street Journal. The company will utilize Wistron to make iPhone 6 and 6s units in the country. It'll start making iPhone SE devices within the next three months.
Millions of iCloud accounts have not been affected by security issues within Apple. A spokesperson for the company told Fortune there's been absolutely no breach of iCloud or Apple ID. A hacking group was demanding large amounts of money from Apple to not exploit the data.