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.

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 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 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.

J.Crew Group Inc is said to be in early stage talks with Fast Retailing Co and E. Land Group for a possible sale, according to sources.

In a 2-1 vote, the 9th US Circuit of Appeals did not agree with Google that an anti-Muslim video should remain posted on its YouTube website while the case is on appeal, Reuters reported.

Wayra London incubated- Dattch, a dating app for lesbian women, has rolled out the service in San Francisco, California after raising funds from angel investors last year, TechCrunch reported.

Electricity and energy-related products provider Star Energy Partners has received an undisclosed investment amount from an unnamed investor to allow it to expand its operations.

The largest Asian angel network, Indian Angel Network, has invested an undisclosed amount in a UK startup called SwiftShift after a pitching session sponsored by the UKTI, TechCrunch reported.

As they open their first Old Navy store in China, Gap Inc will be increasing its efforts to promote their brand online so it can capitalize on the country's fast-growing e-commerce sector, Reuters reported.

Apple Chief Executive Officer Tim Cook did not take too kindly on the suggestion of a shareholder to abandon its environmental causes that don't add to the company's profits, CNET reported.

From a website that sells used snowboards, software startup Shopify has become an IT company that powers 100,000 online stores in more than 122 countries, VentureBeat reported.

The shuttering of Mt. Gox did not only showcase the dangers of the crytocurrency, it also unnerved the more nascent Bitcoin derivatives market, Bloomberg reported.

New York-based dining payments startup Dash received $1.2 million in its seed funding round from existing backers and a new investor, bringing to $1.9 the funds raised so far, VentureBeat reported.

Hulu, a platform that provides video streaming services, will be divesting its Japanese unit to Nippon Television Network Corporation after three years of operations, TechCrunch reported.

Russia fund United Capital Partners said it will be suing two shareholders of the social network Vkontakte, Mail.ru Group and Ivan Tavrin, East-West Digital News reported.

Colony Capital and Woodridge Capital Partners have joined forces to acquire the Ritz-Carlton Kapalua resort in Maui, Hawaii for an undisclosed purchase price, Bloomberg reported.

John Thompson, the Chairman of Microsoft Corp, said the software maker must set its sights on using the company's vast resources to propel it to the right direction, Bloomberg reported.

Important lessons can be learned from the failed acquisition deal of India-based social media analytics firm Salorix by Facebook, especially in India where the startup ecosystem is still in its infancy, TechCrunch reported.

Tom Stoddard, a Senior Managing Director at private equity firm Blackstone Group, will be serving as the Chief Financial Officer of Britain-based insurer Aviva Plc, Reuters reported.

A Mannheim court dismissed the $2.2 billion lawsuit filed against it by patent holding firm IPCom in Germany on one of the "100" series patents the latter acquired from Robert Bosch GmBH, Bloomberg reported.

After shuttering its operations this week, Tokyo-based Bitcoin exchange Mt. Gox told reporters that it will be seeking bankruptcy protection, The Wall Street Journal reported.

Technology firms Prezi and Adobe are the two latest supporters of President Barack Obama's ConnectED Initiative which seeks to bring American education in step with modern technologies.

Citing a source, The Wall Street Journal blog Digits reported that embattled Japanese technology giant Sony has plans of selling its former headquarters in Tokyo, Japan.

Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.

Google Co-Founder Sergey Brin approached Toronto-based brainwaves-sensing headband maker InteraXon to talk about a possible acquisition, according to a source who was interviewed by TechCrunch.

Capitaine Train, a France-based online vendor for train tickets, puts emphasis on giving its users a simpler, hassle-free and more efficient ticket-buying experience, TechCrunch reported.

In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.

Little Borrowed Dress, a startup that rents out bridesmaid dresses online, has raised $1.25 million for its seed financing round participated in by a number of investors, TechCrunch reported.

Internet firm Baidu Inc intends to make more acquisitions this year to get more smartphone users in the world's largest smartphone market to patronize its services, Reuters reported.