CHINA

China's Alibaba Group said it has reached an agreement with Softbank Corp and Yahoo Inc that promises Alibaba could receive up to $6 billion from an initial public offering or liquidation of its e-payment unit, Alipay.

A 200 million year old reptilian fossil was discovered by Alaskan scientists along the shores of Tongass National Forest. It was the low tide that made the discovery possible as a rare marine creature called Thalattosaurs was submerged in water and rocks. The last Thalattosaurs to survive was after the Triassic period, roughly 200 million years ago.

Daredevils in red jumpsuits can teeter around the outside edge of Canada's tallest structure next month as the CN Tower opens a new attraction for thrill-seekers and those wanting to overcome fear.

With four days remaining until the United States hits its debt limit, President Barack Obama on Friday told deeply divided Republicans and Democrats to stop bickering and find a way "out of this mess."

The fast food joint offers its French customers a taste of home.

Apple took the crown to become the No. 1 smartphone vender in the world, besting the long-time leader Nokia and aggressive Asian rival Samsung in the second quarter.

Rovio- the Angry Birds maker, and Madhouse- the largest mobile advertising network in China are collaborating to make the most of the growing mobile marketing in China.

Alibaba, the cloud computing unit of Alibaba Group is about to come up with its own cloud operated system for mobile phones.

China has ordered companies that have issued bonds to submit any asset restructuring plans to bond holders for approval, sources said, as Beijing steps up its efforts to rein in the risks from a mounting pile of local government debt.

China's state news agency criticized the United States for its reckless "game of chicken."

Chamakh arrived at Arsenal in 2010 on a free transfer after completing his contract with French club Bordeaux.

Apple is the largest smartphone vendor surpassing Samsung and Nokia not only in terms of revenue, but also in volume accounting for 18.5 percent of the smartphone shipments in the second quarter.

Dunkin' Donuts and Starbucks have been in the news this week, with Dunkin's successful IPO and Starbucks' stellar profits. Here's a scorecard comparing the two competitors.

Six months after launching a 7-inch Android tablet at CES 2011, computer maker Dell has released a 10-inch Android tablet especially for the Chinese market.

Republican leaders will scramble to rescue their budget deficit-cutting plan on Friday after conservatives mounted a rebellion that heaped uncertainty on efforts to avert a catastrophic debt default.

It is time for another round of iRumors. Apple had upset the proverbial apple cart of iPhone fans by breaking with the tradition of releasing the latest iteration of its flagship product in June Developers Conference. Ever since, rumors have prevailed. The latest rumor suggests Apple iPhone 5 will be released in the second half of September. The same source says the latest version of Apple's iconic tablet iPad will hit shelves by Thanksgiving.

Archaeopteryx, the legendary winged creature which was long considered the Earth's oldest and most primitive bird, might not have been a bird at all, according to Chinese scientists.

The top after-market NYSE gainers on Thursday are: Ingram Micro, Commercial Metals, Invacare, KBR and Regal Entertainment Group. The top after-market NYSE losers are: RealD, Miller Petroleum, Motorola Solutions, Equifax and Ameriprise Financial.

Motorola Mobility Holdings Inc.'s (NYSE: MMI) launch of several sub-$200 smartphones for emerging markets will boost units but hurt average selling prices in third quarter, Jefferies said.

Japanese imports of rare earths from China fell 13 percent in June to 1,386 tonnes as a rise in prices made it unaffordable to many Japanese hi-tech companies.

China's latest crackdown on intellectual property piracy has netted more than 20,000 fake Tibetan-language text books, 90,000 copies of a well-known Chinese film as well as porn films, state media said on Friday.