By and  on May 6, 2014

Wal-Mart Stores Inc.’s goal of transforming itself into a true technology company became closer to reality Tuesday, a day that also saw social media site Twitter’s shares fall sharply on the New York Stock Exchange.

Wal-Mart said that the technology and innovation arm of its global e-commerce team, @WalmartLabs, is bolstering its team of technologists. This week, the Silicon Valley-based lab welcomed 60 technologists from Adchemy to its existing team of 2,100 to specialize in areas like marketing, data analytics and semantic search.

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