E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.
United States
Apple to release improved Touch ID fingerprint recognition feature
California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.
Florida startup Modernmeal wants to help families eat good meals at home
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
16 of 23 companies purchased by Apple in past 16 months identified
Technology-focused news website VentureBeat searched for and found official documentation confirming 16 of the 23 companies that California-based technology giant Apple purchased in the recent past.
US travel firm Orbitz snaps up Travelocity Partner Network
Chicago, Illinois-based travel booking site Orbitz Worldwide snapped up Southlake, Texas-based private-label travel solutions firm Travelocity Partner Network, the affiliate network of Travelocity, for an undisclosed amount.
Latest News
Indiana, US-based commercial vehicle manufacturer Supreme Industries Inc is about to divest its shuttle-bus business to Elkhart-based recreational vehicle maker Forest River Inc in a deal valued at $7 million.
Babel Street, a startup that can decode data from complex information, got $2 million from angel investors to go towards its sales, marketing and product development initiatives, VentureBeat reported.
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 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 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.
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.
In a 2-1 vote, the 9th US Circuit of Appeals did not agree with Google that an anti-Muslim video should remain posted on its YouTube website while the case is on appeal, Reuters reported.
Wayra London incubated- Dattch, a dating app for lesbian women, has rolled out the service in San Francisco, California after raising funds from angel investors last year, TechCrunch reported.
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.
