Algae International raises US $5 million in equity financing with AGS Capital, which will be used to develop its algae cultivation and development program.

Crowdly received $1.2M seed funding from Launchpad Venture Group, New York Angels, Laconia Ventures, and other institutional investors.

BizAnytime, a cloud based system, secured over US $2 million seed fund from small venture capitalists.

Panjo marketplace, a California-based startup company, secures seed funding in the amount of US $1.6 million from Spark Capital.

Twitter's Biz Stone suggested that Facebook offer an ad-free subscription option to users. How would you feel about a paid subscription to Facebook? Twitter's co-founder Biz Stone thinks it's a great idea.

The royal baby was expected to receive the greatest inheritance ever received by any royal heir. The royal baby, who has not even been given a name yet, will inherit US$1 billion, according to Wealth-X.

An update on photo app Posegram is reflective of what's to come with the iOS 7. Fans and followers of Apple went crazy over the release of new details regarding the iOS 7.

A Japanese government agency will be funding the southern Philippines' restructured government.

Companies such as Apple and Google work around out of date tax rules to gain access to less painful taxes.

Nate Robinson signed a contract with Denver Nuggets worth US$4.03 million. Nate Robinson will be signing a two-year contract with the Denver Nuggets. Robinson agreed to the deal Monday, according to a person knowledgeable about the negotiations.

Apple reported an increase in sales after analysts predicted a decline today. Despite a general negative outlook on Apple's future performance, Apple Inc.

UK Prime Minister David Cameron urged web firms today to help the battle against child pornography. "When it comes to the Internet, in the balance between freedom and responsibility, we have neglected our responsibility to our children," said British Prime Minister David Cameron in a speech today.

Music streaming took over the music industry, killing digital download and physical music sales. First it was the digital download that packed a big punch to knock down the music industry.

Analysts lowered their earnings and sale estimates for Apple after the losses incurred by the other tech giants.

Ryan Braun's suspension will cost him US$3 million and make him miss the final 65 games. Ryan Braun recently went through a season plagued with injury.

App developers might charge for updating their products in line with the upcoming iOS 7 upgrade. The largest update to hit the Apple world will happen in just a few months.

US President Barack Obama congratulated the royal family of Britain after Kate Middleton's successful delivery of the third in line to the British throne.

PayPal's mistake made a resident from Pennsylvania the richest person alive for a few hours with exactly US$92,233,720,368,547,800.

The call for low end smartphones from emerging markets may drive Apple revenue downward, analysts predict.

The mobile device frontrunners are designing more devices with larger touchscreens. Just a few years ago, the mantra seemed to be "the smaller, the better.

C2FO gets US $18 million in funding in a round led by Mithril along with its existing investors. C2FO, a market for working capital, closed US $18 million funding in a round led by San Francisco-based investment firm Mithril.

Minetta Brook concludes seed funding round, raising $2 million from TAGS and Naya Ventures. After two years of development, Minetta Brook Inc. is finally ready to go into revenue mode.

The online payment service, PayPal, erroneously credited Chris Reynolds with US$92 quadrillion. PayPal, an online payment broker, disclosed that it mistakenly credited a man with US$92 quadrillion.

True Corp Pcl said that they plan to raise US$2.25 billion through a listing of an infrastructure fund.

Search engine giant Google Inc entered an agreement with Himax Technologies Inc which resulted to a 34% boost in the Taiwanese company' stocks.

The royal baby betting frenzy was the biggest non-sporting betting event in the company's history, said Coral.

High-tech firms in Israel raise US $493 million in venture capital during the second quarter. The Israel Venture Capital (IVC) Research Center announced that Israeli high-tech firms were able to rake in US $493 million in venture capital during the second quarter.

Carlos Hyde, Buckeyes' senior starting running back, was suspended by Ohio State after an assault case that involved a woman.

Aimia announced the successful purchase of Smart Button. Aimia Inc. announced that they have acquired Smart Button with a purchase price of US$18 million.

Von Miller disregarded NFL's rule on the use of illegal drugs which resulted to a four-game suspension.