American movie studios are getting closer to Chinese firms as sources of funding. Dick Cook Studios has just secured $500 million in production deal with China’s Film Carnival. The studio is working on the first film under the deal.

China and U.S. has been competing for a place in the economy and politics of Cuba. China has been doing business with Cuba for several years and the U.S. is just making a start. The edge that Washington sees is the proximity as being Cuba's neighbor.

Dell India announced to launch the world's smallest laptop in the business-class, the Dell Latitude 13 (7370). The product offers new advanced technologies for business users who travels often, with improved battery performance and security features.

Giant South Africa-based international banking group Old Mutual has stated that they are considering all options as a result of a strategic review. Many believe that the group is planning to split itself into several business units.

Domain name Tesla.com is finally owned by Elon Musk's Tesla. All web traffic from the new website will now be redirected to the company's official page, TeslaMotors.com.

The King of Good Times, or Vijay Mallya, reached an agreement with spirits giant Diageo to leave the booze business. He is resigning his position as United Spirits Ltd chairman while Diageo takes full management ownership of the company.

Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant plans to add new locations and grow to 155 restaurants in the U.S while retaining its unique concept.

Lumia 650 is the latest product from Microsoft that was launched on February 15. Though it is aimed at business-oriented users, the phone doesn't have the business-friendly Continuum feature which is deemed significant to its target market.

The England’s county of Cornwall is being reported to have substantial growing tech community as it ranks second for growth in the UK. The region is still striving to achieve better growth with the improvement of funding and workers’ skills.

Soundcloud's financial report revealed that the company is experiencing significant loss in 2014, and the losses had started from several years before. The 2014 loss was due to large expenses, even though Soundcloud's revenue actually experienced a growth. The company expects to face losses for the next three years, but they are striving to plan strategies to increase income.