Zynga's stock valuation lost US$400 million. After reporting negative earnings, investors quickly unloaded Zynga's shares and let it drop 15% in regular trading.

Starbucks pushed mobile payment on select stores as US mobile payment crossed the 10% mark. Mobile payments, as a percentage of in-store purchases in the US, crossed the 10% mark.

The new Google Chromecast was expected to be the most important smart TV tech ever. The Google Chromecast offered users a relatively simple way to wirelessly stream content.

Indian business conglomerate Lanco Infratech begins debt restructuring process. Indian construction company Lanco Infratech Ltd has initiated restructuring debts amounting to INR 75 billion (US$1.

France takes legal steps to ban sales of new Mercedes models in line with ongoing dispute about harmful refrigerant.

American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.

The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.

Facebook absorbs Monoidics personnel to be part of its team following the social networking site's acquisition of the startup company.

Barclays banks on issuing contingent convertible bonds (CoCos) to meet its obligations. Barclays Plc is looking to issue contingent convertible bonds (CoCos) in order to save money and still meet the three percent leverage ratio imposed by Prudential Regulations Authority, owned by the Bank of England.

ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.