Soundwave goes live today, but will officially launch on Monday.

Fans of music sharing app include actor Stephen Fry and Apple’s Steve Wozniak

Increases in the price of meat, pharmaceuticals and computer products contributed to the rise of factory gate prices in May.

Meat, pharmaceuticals and computer products contribute to increase

The Bank of England is unlikely to ease monetary policy soon, as retail sales data added to evidence of accelerating economic growth in the second quarter. Photograph: Bloomberg

Increase in sales volumes eases pressure on central bank to boost economy

Gamers  take a closer look at the Xbox One during E3 in Los Angeles. Photograph: Gus Ruelas/Reuters

New console will now allow users to swap discs and trade in games

Sheryl Sandberg, chief operating officer of Facebook, speaks during Reuters Global Technology Summit in San Francisco. Photograph: Stephen Lam/Reuters

Chief operating officer says firm has seen across-the-board improvement in business

Facebook is preparing to divulge details on a new  product later today. Photograph:  Martin Keene/PA Wire

Social network continues to change as it tries to stay on top

Facebook billionaire Sean Parker is one of the investors in the Social+Capital Partnership, which has invested in customer communication company Intercom. Photograph: Vince Bucci/AP Photo.

Latest funding will enable software firm to move into the mobile market

Car makers have been working hard on systems in anticipation of technology getting the green light

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