Compared to the spending of its five biggest US rivals combined, Google Inc has spent more money in the past two years in its effort to reach out to new markets, Bloomberg reported.

Toshiba Corp, an engineering firm based in Japan, announced that it would be acquiring a 60% stake in NuGeneration Ltd, the nuclear joint venture of GFD Suez and Iberdrola, Bloomberg reported.

While pushing for an acquisition deal, Charter Communications slammed the executives of New York, US-based cable operator Time Warner Cable for a "failed" operating plan resulting in low customer satisfaction ranking.

US-based mobile health consultation app First Opinion raised $1.2M in funding from Greylock, Yuri Milner, Felicis Ventures, and 500 Startups to expland its consultants and workforce.

The Abu Dhabi Investment Authority, the third largest investment sovereign wealth fund in the world, will be investing in the Time Warner Center together with Singapore's state fund GIC Ptd, according to a source interviewed by Bloomberg.

Vinod Khosla of Khosla Ventures issued an open letter to "60 Minutes" and its network CBS, saying that the segment on clean technology was filled with errors.

New York, US-based clothes retailer Aeropostale Inc contacted private equity groups amid pressure from investors to sell itself, according to sources cited in a Bloomberg report.

The mergers and acquisitions activity for companies supported by venture capital has continued to decline even with the sizable acquisition of Nest Labs by Google, The WSJ's Digits reports.

New York, US-based firm Forbes Media attracted the attention of six different bidders including Germany-based multimedia company Axel Springer.

Beijing-based 58.com Inc, a classifieds website operator that provides services similar to Craigslist, intends to acquire Chinese Internet companies to enhance its local information services, Bloomberg reported.