Google acquires image recognition firm AIMatter Founded in Belarus, AIMatter has developed a neural network-based AI platform for detecting and processing images quickly on mobile devices. It is also the firm behind photo and video editing app Fabby. Read more.

Alibaba and Tencent join other companies in $11.7bn China Unicom investment The two tech giants have joined a list of companies making the investment in China Unicom, the country's second-largest wireless telecom operator. The investment aims to revitalise the fortunes of the state-owned group with private capital. Read more.

Amazon rolls out ‘Instant Pickup’ points in the US The tech giant has set up the pickup locations at an initial five college campuses, with plans to add more sites by the end of the year. The pickup points enable customers to collect their orders within minutes of ordering online. Read more.

Notifications firm OneSignal raises $7m in seed funding OneSignal claims to be "the most widely used push notification delivery platform on the internet today", with its technology used by both websites and apps. The funding was led by SignalFire, with the firm's managing partner Ilya Kirnos joining the board. Read more.

Apple reportedly in talks with US healthcare business Aetna The two companies are understood to have held meetings to discuss offering the Apple Watch to Aetna's 23 million customers. The move would provide Aetna with greater amounts of data on the activities of its customers. Read more. grows second quarter revenues by 43.6% The Chinese ecommerce group reported revenue for the three months ended 30th June of 93.2 billion yuan ($13.98bn), beating analyst expectations. Net loss attributable to company shareholders grew to 496.4 million yuan during the period. Read more.