Electricity and energy-related products provider Star Energy Partners has received an undisclosed investment amount from an unnamed investor to allow it to expand its operations.
Regions
Pizza chain Sbarro said to be readying second bankruptcy filing
Sources told Bloomberg that pizza restaurant chain Sbarro is preparing for a bankruptcy filing which could take place any time in the next few weeks.
Blackstone Group CEO's earnings rise by 75% in 2013
Blackstone Group Chief Executive Officer Stephen Schwarzman earned $374.5 million last year, representing an increase of 75% as the private equity firm's distributable earnings also went up 66% in 2013, Reuters reported.
Apple's Tim Cook says TV division posts $1B revenue in 2013
Apple Chief Executive Officer Tim Cook told investors that its television business sold more than $1 billion TV set-top boxes last year, the Financial Times reported.
Private equity-owned J. Crew Group Inc reportedly in talks with Fast Retailing Co for possible sale
J.Crew Group Inc is said to be in early stage talks with Fast Retailing Co and E. Land Group for a possible sale, according to sources.
Latest News
The largest Asian angel network, Indian Angel Network, has invested an undisclosed amount in a UK startup called SwiftShift after a pitching session sponsored by the UKTI, TechCrunch reported.
As they open their first Old Navy store in China, Gap Inc will be increasing its efforts to promote their brand online so it can capitalize on the country's fast-growing e-commerce sector, Reuters reported.
Apple Chief Executive Officer Tim Cook did not take too kindly on the suggestion of a shareholder to abandon its environmental causes that don't add to the company's profits, CNET reported.
Flower Power, a Bluetooth device made by Paris, France-based consumer product developer Parrot, is paired with a mobile app that helps users monitor plant growth to make the gardening chore easier.
Engineers of California, US-based on-demand Internet streaming service Netflix hacked a Fitbit activity tracking device and activated a feature that auto-pauses the video when the watcher falls asleep and allows him to resume watching when he wakes up.
Mountain View, US-based investment firm 500 startups organized Rainbow Round, a monthly meeting where members of the LGBT (Lesbian, Gay, Bisexual, and Transgender) community from the tech sector can talk about their interests and struggles.
US-based search giant Google got mocked by several netizens yesterday after it launched the Scraper Report, a tool that fights content stealing, because according to them, the company itself is practicing web scraping.
Chicago, US-based firm Savor is putting together an online deals aggregator app for iPad that personalizes coupons according to the user's likes interest and organizes offers into catalogs for easier browsing.
New York City, US-based messaging app Flyby becomes the first consumer-facing app to use the image recognition technology in Google's 3D mapping project called Project Tango to let users attach text and video messages to objects in the real world.
