San Francisco-based web app Swarm Mobile raised around USD3.5 million to develop technology that can track in-store shoppers through their smartphones to help physical stores compete with e-commerce retailers.

Chinese real estate developer Sichuan Xinglida Group Enterprises Co bought the Torrance Marriott hotel in South Bay, California for USD74 million, according real estate broker John Strauss.

Combined Japan-US app maker Gree Inc planned to acquire several undisclosed businesses in order to expand its product portfolio beyond the social gaming arena amid plummeting revenue.

San Francisco-based payment and open currency startup Ripple Labs raised USD3.5 million in a funding round to be used for the development of its digital currency network.

Berlin-based task management company 6Wunderkinder raised USD19 million in a Series B funding round to be used for the firm's expansion in the US and business development.

Boston-based email productivity startup Yesware made its first acquisition by buying troubled San-Francisco based email file sharing startup Attachments.me, which would also be shutting down today.

News aggregator closed USD1.8 million in a Series A financing round led by Advance Publications. News aggregate startup Newsle secured USD1. 8 million in Series A funding this week.

Sprig recently closed its USD1.2 million seed funding round for the launching of its unique food delivery business.

Apple was accused of forcing its workers to comply on an anti-theft measure without paying the employees for the extra hours.

Asiana airlines' accident affected the technology industry The Asiana Airlines accident halted more than just flight bookings or travel package reservations.