XPO Logistics Inc completed its acquisition of 3PD Holdings in a deal valued at USD 365 million. Arcapita sold its North American logistics company 3PD Holding to XPO Logistics Inc.

Market research firm eMarketer projected mobile payments will top USD1 billion in the US for this year, and by 2017 would reach USD58 billion.

Reports said Nokia would roll out a tablet powered by Windows RT next month. Microsoft failed to meet the sales expectations on its Surface tablets running on the Windows RT operating system.

The Central Bank of the Philippines accredited Eastspring Investments to handle its equity fund. The Central Bank of the Philippines (Bangko Sentral ng Pilipinas or BSP) tapped Eastspring Investments to manage its provident fund equity fund.

Ethiopia signed an USD800 million contract with ZTE for the expansion of the country's mobile phone infrastructure.

Fresh from Activision's success of its popular Skylanders franchise comes Disney Infinity, a move from Walt Diney Inc to expand into the toy-meets-video game-world market.

Blackstone announced plan to acquire Hong Kong's Tysan Holdings to establish foothold in China market.

Royal DSM announced plans of slowly transferring back-office work to India in the next couple of years.

Analysts said Apple could attain a trillion-dollar valuation considering the company's current services, products and investments for the future.

Reports said the recent changes to Gmail upset several retailers and marketers with already a 1% plunge in the number of opened emails.