Google wanted a piece of the pie from ads and Chromecast could be the way to do so. Chromecast, a US$35 device for streaming video and other digital content from a mobile device, could be the bait to get the big fish Google has long sought.

Coca-Cola Enterprises Inc. posted an 11% drop in profits for the second-quarter. Grappling with decreases in revenue and volume, Coca-Cola Enterprises Inc.

India's DLF sells its shares in DLF Pramerica Life Insurance Company to Dewan Housing Finance Corp.

Prolexic Technologies raises US $30 million in series C financing led by new investors. Prolexic Technologies, a specialist in Distributed Denial of Service (DDoS) protection, raised US $30 million in series C funding led by Trident Capital and Intel Capital.

IFC infuses US $50 million in Credit Suisse Mexico Credit Opportunities Trust, bringing the trust’s total capital to US $550 million.

Adzuna has launched Jobsworth, a tool that gives a salary estimate of every job advertised. Classifieds search engine Adzuna has announced the launching of Jobsworth, a tool that enables users to view the salary estimate of any job advertised.

Bunge Ltd. suffered a 50% drop in its second-quarter earnings compared to last year's figures.

Warner Chilcott has received FDA approval for oral contraceptive LO Minastrin FE. LO Minastrin FE, a chewable oral contraceptive made by Warner Chilcott PLC, has received the stamp of approval from the US Food and Drug Administration.

China remains confident that the ongoing investigations for alleged bribery of GSK execs in its China division won't mar investor confidence.

Apple bought back three times more share than expected. Apple recently had a major share buyback spree. The company bought back 36 million shares instead of the scheduled 10 million.