Walmart to sell China online unit to JD.com

Walmart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5% equity stake in JD.com, a strategic alliance that

Twitter invests $70 million in Sound Cloud

Twitter Inc has invested about $70 million in Berlin-based music service Sound Cloud, technology website Re/code reported citing people familiar with the deal. Twitter confirmed the investment, but did not provide any

EBay and PayPal Properly part Ways Today

We knew eBay and PayPal were headed to splitsville this year, and now it’s actually happening. The auction site and the payment service separated into two disparate companies today, PayPal is getting its own stock ticker,