The network equipment company is set to buy the software maker for US $2.7 billion as it gears toward boosting its network security services.

Memorabilia production will begin once William and Kate give the go signal to UK manufacturers. Manufacturers were prepping up to produce a mass of souvenirs and memorabilia for the royal baby's birth.

Algae International raises US $5 million in equity financing with AGS Capital, which will be used to develop its algae cultivation and development program.

Crowdly received $1.2M seed funding from Launchpad Venture Group, New York Angels, Laconia Ventures, and other institutional investors.

BizAnytime, a cloud based system, secured over US $2 million seed fund from small venture capitalists.

Panjo marketplace, a California-based startup company, secures seed funding in the amount of US $1.6 million from Spark Capital.

The royal baby was expected to receive the greatest inheritance ever received by any royal heir. The royal baby, who has not even been given a name yet, will inherit US$1 billion, according to Wealth-X.

A Japanese government agency will be funding the southern Philippines' restructured government.

Nate Robinson signed a contract with Denver Nuggets worth US$4.03 million. Nate Robinson will be signing a two-year contract with the Denver Nuggets. Robinson agreed to the deal Monday, according to a person knowledgeable about the negotiations.

Analysts lowered their earnings and sale estimates for Apple after the losses incurred by the other tech giants.