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Virginia-based decoder Babel Street secures $2M from angel investors
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.
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.