Global asset management firm The Carlyle Group will buy a majority stake retail insurance brokerage company Edgewood Partners Insurance Center. Details of the deal, however, were unknown.

Coupon website LivingSocial offered a 25% discount on selected deals for its US and Canadian clients following a rare 40-hour outage that crippled its website, apps, and merchant center.

Vancouver-based gold producer B2Gold Corp said it signed a definitive agreement with Canadian resource company Volta Resources Inc for the business combination of the two companies.

Sumpto said it secured USD 350,000 in funding from SocialStarts.net and Nick Brien to bring more partners to its platform that measures the social influence of college students.

San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.

With the aim of filling the shortage of data scientists, Udacity has launched its new online data science degree program with its first class "Introduction to Hadoop and MapReduce."

Oklahoma City-based exploration and production firm New Source Energy Partners LP acquired oilfield services company MCE for USD44 million in combined cash and common units.

Social media giant Twitter Inc announced it will introduce self-service advertisements for small- and medium-sized businesses (SMBs) in Canada, Ireland and the United Kingdom starting this week.

Private equity firm Liberty Hall Capital Partners announced today its acquisition of Tulsa-based aerospace engineered parts supplier Precise Machining & Manufacturing for an undisclosed amount.

Judge Denny Chin of the US Circuit Court in New York ruled that the scanning can be classified as fair use since it was "highly transformative." Chin also said that the scanning was not detrimental to the marketing for the author's work.