Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.

YouBeauty gets a series A-1 funding worth US $8.6 million in a round led by existing investor Countur Venture Partners.

The growth equity firm acquired around 27% of the international music platform's equity stake. Growth equity firm Stripes Group made a considerable minority investment in a London-based international music platform.

A source that was familiar with the discussions on the Teck-Iron Ore deal said that Teck Resources Ltd was among few bidders battling to acquire Rio Tinto Group's controlling stake in the Canada-based firm.

Ericsson bought Canadian form Telcocell. One of the oldest players in the mobile phone industry expanded its internal infrastructure with the acquisition of Telcocell.

Samsung was nearing the completion of its planned purchase of Novaled AG. Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones.

According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.

Huawei launched their first product on Saudi Arabia in a Riyadh conference last night. Chinese mobile phone manufacturer Huawei formally entered the Saudi Arabian market, vying for a place in the hotly contested smartphone industry sales race.

Paul O'Brien developed an app that enables HTC One users to switch between Sense and Google Experience.

Last episode saw the dramatic exit of Desiree Hartsock of "The Bachelorette". It seemed that the extended finale of "The Bachelorette" may be worth it.

Huawei is set to reach its target of 10% revenue growth for this year, analysts reported. Huawei's midyear report suggests that the Chinese company is set to hit its target mark of 10% revenue growth this year.

The U.S. Solheim Cup Team named Antigua Group as official licensee for 2013 for the second consecutive competition.

HTC estimated that the company might post a negative earnings report on the third quarter. HTC's first loss was a long time coming. Investors have been wary of the Taiwanese company's downward spiral.

Recent quarterly reports said that HTC declined for the 8th consecutive quarter. After a failed attempt to promote its business, HTC Corporation forecast a huge decline in its latest quarterly report.

Alcatel-Lucent announced that Qualcomm has bought a minority stake in its company as part of its research partnership.

Time Warner Cable agreed to keep CBS on air after both sides failed to agree on fees. After the two sides went on a stalemate on talks over fees, Time Warner Cable relented to the request of CBS to keep the network on air.

Grans Cru, dubbed as Helsinki's next mobile hitmaker, acquired Eur8.5 million in series A funding.

Today, New Source Energy Partners (NSLP) announced its acquisition of energy properties from Scintilla LLC valued at USD3.8 million.

EDF and partner Exelon agreed on a future exit from the US nuclear market. EDF and partner Exelon have agreed to exit from their joint venture CENG in the near future.

China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.

Wendy's planned to cut down the total number of company-operated stores by selling 425 restaurant units to well-capitalized franchisees.

Google asked the help of student filmmakers to explore Google Glass. Google enlisted the help of film students to explore how Google Glass can be used to make documentary films, character development, location-based storytelling as well as "other things" the company has not yet considered.

Video Semantics will provide rich tags for YouTube users through its tagging engine. Video Semantics, through its mediaTag tagging engine, will allow content producers to automatically insert rich metadata into their YouTube hosted videos.

Britain-based fund manager Nicola Horlick launched a campaign to raise seed funding for her new venture.

Today, Foundation Medicine Inc. announced filing a registration statement for a proposed initial public offering of its shares of common stock that will be listed on The NASDAQ.

Today, NPC International announced completing its purchase deal of 13 Wendy's restaurants priced at US$11 million.

JPMorgan reissued overweight rating for Facebook shares as per a research report released Thursday. JPMorgan Chase & Co. reissued an overweight rating for Facebook shares, according to a research report released Thursday.

Dan Morris of Facebook will discuss mobile gaming at the Casual Connect conference. A Casual Connect conference will be held in San Francisco this week.

Agios Pharmaceuticals Inc. announced today the completion of its initial public offering valued at US$18 per piece of its shares of common stock.

Facebook can make more money by offering to remove Newsfeed ads for a monthly fee, according to Greenlight.