Blockchain consortium announced by Toyota Research Institute The car company is working with MIT Media Lab to look at how blockchain could impact automobile data exchanges and reshape the car industry. Other partners include BigchainDB, Oaken Innovations, Commuterz and Gem. Read more.

Amazon readies plan to launch checkout-free supermarkets in the UK The ecommerce giant has trademarked the slogan "No Lines. No Checkout. (No, Seriously.)" with the UK's Intellectual Property Office, suggesting it is planning a roll-out of its hi-tech Amazon Go supermarkets. Read more.

Samsung ‘bullish’ on expanding its M&A strategy Senior vice-president of Samsung's mobile division, Peter Koo, told investors at an event in Hong Kong that the company is actively looking for new acquisition opportunities. Samsung recently bought Harman International Industries for $8bn. Read more.

Spotify acquires AI software startup Niland The deal, which marks Spotify's fourth acquisition of the year, will see Niland become part of the music streaming service's R&D team. The technology is intended to help Spotify to hone its personalisation and recommendation features. Read more.

Uber launches freight service to connect truck companies with available shipments The new service, Uber Freight, enables truck operators to identify loads that need to be transported from one place to another. Uber has pledged to pay truck operators "within a few days, fee-free, for every single load". Read more.

Alibaba revenues surge by 60% to US$5.6bn in Q1 The ecommerce group also announced that over 450 million Chinese consumers used its sites during the first three months of the year, with average annual spending up by around a third. The business saw overseas sales more than triple to $353m. Read more.