Music education college Detroit Institute of Music Education Inc received a $3 million investment from private equity firm Beringea, a statement about the funding said.

Microsoft, through a blog post written by its Deputy General Counsel & Vice President John Frank, has pledged that it would undertake stricter procedures before investigating the Hotmail and Outlook accounts of its users, VentureBeat reported.

Italian website design service startup Flazio, backed by Zernike Meta Venture, allows users to create a website by using the content of their Facebook page, TechCrunch reported.

San Francisco-based software enterprise startup bagged $10 million for its Series B financing round led by Nokia Growth Partners and Randstad Holdings and joined in by previous investors, VentureBeat reported.

A former employee of Microsoft Corp was arrested and charged with stealing the trade secrets of the software company and giving them to a blogger in France, Bloomberg News reported.

Twenty-five tech companies have turned to Senator Ron Wyden asking his help to oppose the Trans-Pacific Partnership or TPP that could potentially limit online freedoms, VentureBeat reported.

Mt. Gox said it had found 200,000 Bitcoins in a wallet that it used before June 2011. The discovery was made on March 7, a week after it had filed for bankruptcy, Reuters reported

Procured Health, the startup that seeks to provide transparency to the pricing of medical devices, has received $4 million from FCA Venture Partners for its Series A funding round, VentureBeat reported.

Symantec, the antivirus software maker, has axed Chief Executive Officer Steve Bennett as senior managers left the firm now grappling with falling revenues in the hot cyber security market, the Financial Times reported.

Citing sources, The Wall Street Journal reported that Singapore state investment firm Temasek Holdings was in advanced discussions for a "strategic" stake acquisition of Li ka-shing's health and beauty retailer Watson.

A survey done by AsiaHedge showed that Asian hedge funds were able to add assets of nearly $20 billion in 2013, representing a strong performance after three years, Reuters reported.

CitiusTech, a healthcare IT firm, was able to get an undisclosed substantial investment amount from growth equity firm General Atlantic, a statement about the funding said.

Cary, North Carolina-based cognitive systems firm Saffron Technology was able to bag $7 million for its Series B round from unnamed investors, a statement about the funding said.

Faraday secured $880,000 for its Series A funding round led by FreshTracks Capital and joined in by other investors, a statement about the funding said.

Coupa Software, a cloud-based finance solutions provider, bagged $40 million for its Series F funding round led by Meritech Capital, a statement about the funding said.

Nokia Growth Partners led the Series B round for China-based online food service platform Meican.com which raked in $10 million, a statement about the funding said.

What3words, the startup that seeks to provide three-word strings to map a location, has added $1 million to its seed financing round participated in by undisclosed investors, TechCrunch reported.

Colonoscopy system maker Invendo Medical was able to secure $28 million for its latest funding round led by new backer Xeraya Capital, a statement about the funding said.

Corning Inc led the $34 million Series B funding round for Cambridge, Massachusetts-based medical device maker NinePoint Medical Inc, a statement about the funding said.

San Francisco-based YouNoodle obtained $1.1 million in its latest funding round. The financing came from VegasTechFund, Lars-Henrik Friis Molin and the Amicus Group, TechCrunch reported.

Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.

Chatwala, a New York-based messaging app startup that puts users in control of conversations, has secured $625,000 from individual investors for its seed financing round, VentureBeat reported.

Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.

Accel Partners was able to raise a combined total of $1.475 billion for the Accel XII and the Accel Growth III funds while Jim Breyer will be reducing the role he plays in the venture capital firm, Forbes reported.

Lending CLub, the venture capital-backed firm that offers peer-to-peer loans, will now be offering business loans as part of its move to expand it services, TechCrunch reported.

The White House has made government data available to developers and researchers that will help them come up with simulations and help it in its efforts to prepare cities for climate change, TechCrunch reported.

Digital health company Augmedix announced that it was able to secure venture funding amounting to $3.2 million from DCM and Emergence Capital Partners, a statement about the financing said.

Platfora, a big data analytics software platform, has secured $38 million for its latest funding round led by Tenaya Capital and participated in by other investors, TechCrunch reported.

Cloudera, the company that provides enterprises with the first unified big data platform, secured $160 million from T. Rowe price, Google Ventures and MSD Capital, TechCrunch reported.

The recent drawbacks faced by Bitcoin has not deterred investors from continuing to support and make investments in ventures related to the crypto-currency, TechCrunch reported.