Diageo, the world’s No 1 sprites maker, announced today the launch of the new innovation programme called Diageo Technology Ventures that will select eight technology startups that will have to work on four briefs on smart technology to control excessive drinking and theft of alcohol drinks at retail.

According to Bloomberg’s anonymous source, Apple is expected to present a radically new mobile payments system in-built in a new iPhone 6 at the press event on September 9th. The system has been reportedly developed in collaboration with three world’s leading credit card companies Visa, MasterCard, and American Express. The terms of this collaboration are not disclosed. 

Nestlé’s milk drink brand Nido is launching an app that motivates kids to adopt simple daily routines like brushing teeth. The application dubbed StimuLearn, launched earlier this summer, is full of features that allow a kid to interact with the app on his or her own and also engages parents into the learning activities.