The technology giant Apple is set to introduce its sophisticated mobile payment system- Apple Pay in Britain this summer, according to a report by Telegraph, citing industry sources.

In a bid to revive its ailing licensing business, Finnish video game developer Rovio, the maker of hugely popular game "Angry Birds" - the number one paid mobile app of all time - on Monday said that the company will be partnering with Danish toymaker Lego to develop a line of Angry Birds themed construction toys.

Worldpay, a payment processing company, is set to hire six banks to propel the company's £6 billion ($9.22 billion) stock market listing. The £6 billion ($9.22 billion) valuation could make it the largest initial public offering (IPO) in the UK this year.

California-based Yahoo Inc will be shutting down its maps website and other services at the end of the month, Yahoo's chief architect, Amotz Maimon said in a blog post.

Photo-sharing app, PicsArt Photo Studio (PicsArt), which lets its 65 million plus active users creatively edit photos into works of art, has raised $15 million in new funding led by leading global private equity and venture capital firms, Insight Venture Partners and Sequoia Capital.

US-based ride-sharing company Uber and its local rival Ola's licence applications has been rejected by the Delhi government, according to Reuters.

Orange CEO Stephane Richard announced expansion plans in North Africa. The French mobile company has recently launched 4G service in Jordan while its representative expressed willingness to end ties with Israel.