Eric Adler was promoted CEO of Prudential Financial Inc, the second largest life insurer in the United States, replacing former CEO Allen Smith.

Corner Bakery Cafe promoted Gregg Koffler to vice president of franchise sales. Restaurant chain Corner Bakery Cafe announced the promotion of Gregg Koffler to vice president of franchise sales earlier today.

Analysts believed that HTC's only way out of totally dying out is through a merger with another Chinese company.

Chicago-based RCP Advisors gained US$425 million additional funding for its Secondary Opportunity Fund II.

According to local reports, Foxconn looked for over 90,000 new employees for the iPhone 5S release According to local news reports in Taiwan, Foxconn looked for a massive amount of new employees just in time for the company's launch of the much awaited iPhone 5S.

Today, KKR & Co LP announced raising USD305 million excluding underwriters' option, from its first listed closed-end fund, KKR Income Opportunities listed on the New York Stock Exchange.

Cincinnati-based investment firm CincyTech gained US$10.9 million in additional capital from Ohio Third Frontier and Southwest Ohio partners.

Google and IPSOS' research showed that less than half of Chinese urban dwellers had smartphones.

Facebook sent engineers to research on the social media market of India. India is not only the most hotly contested market for smartphones. According to analysts, the Indian social network market will become the largest in the world in two years.

According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.