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Walmart takes full ownership of e-commerce site Yihaodian in China

Walmart buys the remaining 49 percent stake in Yihaodian, a Chinese e-commerce website taking full ownership of the company.

Jul 24, 2015 5:07 AM EDT


McDonald's suffers drop in sales

Losing business to other food chains, rebound plan fails to deliver the desired results, focusing more on popular regional menu items.

Jul 24, 2015 4:57 AM EDT


Apple Watch: Setting the tone for smartwatch market

Strategy Analytics estimates that Apple Watch secures 75% marketshare, projects shipment of four million units.

Jul 24, 2015 4:51 AM EDT


LeBron James' SpringHill Entertainment teams up with Warner Bros. to produce TV, film and digital content

LeBron James teams with Warner Bros. to produce movies and TV programs. NBA superstar LeBron James announced on Wednesday he is teaming up with Warner Bros.

Jul 23, 2015 11:39 PM EDT


US Senate expands Department of Homeland Security powers after data breach

A group of senators from both the Democratic and Republican camps of the Senate have proposed legislation that will add powers to the US Department of Homeland Security

Jul 23, 2015 7:35 PM EDT


YouTube hires former MTV exec Susanne Daniels to create original content

YouTube announced the hiring of Susanne Daniels, former MTV executive as the vice president for YouTube Originals, to create a more original program content.

Jul 23, 2015 9:47 AM EDT


Bank of America CFO exits in management shake-up

In a move to restructure top management positions, Bank of America CFO Bruce Thompson and vice-chairman David Darnell to step down. Paul Donofrio was appointed as the new CFO.

Jul 23, 2015 9:06 AM EDT


AT&T will charge additional fees for new installation and upgrades starting August 1

AT&T will charge $45 to its new and current subscribers under the one-year and two-year plan. Next subscribers will also be charged an additional $15.

Jul 23, 2015 3:55 AM EDT


Charleston church shooter faces federal charges

The man accused of killing nine people at a church in Charleston, South Carolina faces federal charges. No decision yet on whether federal officials will pursue death penalty.

Jul 23, 2015 3:50 AM EDT


Soyuz TMA-17M lifts off successfully for International Space Station

Astronauts KJell Lindgren, Kimiya Yui and Oleg Kononenko lift off via Soyuz TMA-17M from Baikonur Cosmodrome in Kazakhstan for a five-month mission to the International Space Station.

Jul 23, 2015 2:29 AM EDT


German car manufacturers to buy Nokia HERE to create superior self-driving vehicles

In an attempt to prohibit growing rivals Google, Apple, and Uber from taking control of car information systems, three German car makers have banded and decided to buy the Nokia mapping service.

Jul 22, 2015 11:43 PM EDT


Asus and Google introduce $249 convertible Chromebook Flip

Asus and Google have introduced the Asus Chromebook Flip, a $249 convertible device running Google's Chrome OS

Jul 22, 2015 7:45 PM EDT