Google wants a seat in your living room, Hanes grabs the Wonderbra, U.S. economic growth takes a dive

THE FORTUNE DAILY Wednesday, June 25

Google to enter TV set-top box race against Apple, Amazon The search giant will reportedly unveil a new TV set-top box at its developer conference later Wednesday, squaring off with rivals Apple and Amazon.

Why Facebook bought WhatsApp and Oculus Nicola Mendelsohn, Facebook's VP for Europe, the Middle East, and Africa explains how the recent WhatsApp and Oculus acquisitions fit in with the company's strategy. TIME Magazine's Catherine Mayer conducted the interview at Fortune's Most Powerful Women International event in London.

U.S. economy's first quarter was worse than feared GDP shrank by a sharper-than-expected 2.9% in the first three months of the year, the worst performance since early 2009.

HanesBrands in $550 million deal for full control of Wonderbra Deal to acquire European intimate apparel maker DBApparel gives Hanes control of the iconic brand and a stronger position in Europe.

By Geoffrey Smith British Left misses last chance for revenge on Murdoch PM Cameron faces heat for bringing a criminal into the heart of UK government, but the veteran media mogul escapes taint of guilt.

By Stephen Gandel Hey Wal-Mart, annotate this! Why the boys from Bentonville think my math stinks. And why they're wrong.

By Beth Kowitt Lululemon's rebellious teenage years? What's behind company founder Dennis "Chip" Wilson's plans to shake up the company's board? Maybe Daddy isn't quite ready to let his baby go.

GE will create 30 big data startups alongside an Orange County incubator

China aims to break U.S. hold in Asia with rival to World Bank

Visiting the doctor from home via Verizon video conferencing

A new video app for sports fans on the go

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