General Motors Company (NYSE:GM) has added former Wal-Mart chief financial officer Thomas Schoewe to their board of directors. Now GM has 12 board members and 10 of them are not company employees. GM Chairman and CEO Dan Akerson said that Schoewe has business planning and financial expertise along with over 35 years of experience in leading consumer-oriented companies. Schoewe was responsible for Wal-Mart’s accounting and finance departments between 2000 and 2010. Before that he was the CFO for Black & Decker. Schoewe also serves on the board of directors at KKR Management, Northrop Grumman Corp. and PulteGroup Inc.

T-Mobile has announced a no-contract 4G data plan through Wal-Mart exclusively. The new Monthly4G data plan is available for $60 per month and gives unlimited talk and text. You will also get 2GB of data at 4G speeds. For $3 per day, you will also get access to unlimited talk, text, and data. The first 200MB of data will also be at 4G speeds. At $1 per day, you can get unlimited text and 10 cents per minute for talk.

Wal-Mart Stores, Inc. (NYSE:WMT) has acquired mobile and social ad targeting company OneRiot. OneRiot will be integrated into Walmart Labs. OneRiot recently shifted their business model from a search portal to monetizing its real-time ad network. Now OneRiot provides its social targeting service for mobile ads within apps.

Intellectual Ventures is suing a group of companies for patent infringement. Companies being sued include Acer, Adata Technology, Asustek Computer, Best Buy, Dell, Elpida Memory, Hewlett Packard, Hynix Semiconductor, Kingston Technology, Logitech International, Pantech and Wal-Mart. According to TechCrunch, the patents deal with memory technology and methods.

Hewlett Packard will be selling the 32GB HP TouchPad at Wal-Mart for $599 according to a tipster with PreCentral. This is comparable to Apple’s 32GB WiFi iPad 2. Wal-Mart will also carry the TouchPad-compatible Touchstone Dock/Stand. The Touchstone price is expected to be about $79.88. Wal-Mart will also likely carry the webOS Bluetooth keyboard for $69.88 and the TouchPad case for $49.888. The AC charger of the TouchPad is priced at $29.88. All of these devices and peripherals could be in stores as early as June 1st. [preCentral]

Wal-Mart Stores, Inc. (NYSE:WMT) has started testing out an online grocery delivery service in San Jose, California over the weekend. The new service is called “Walmart To Go.” The Walmart To Go service allows customers to order groceries and other goods through Walmart.com and have them delivered to their house. If Walmart decides to stay in the grocery delivery business, they will compete directly with Amazon Fresh and Peapod. [Reuters]

Wal-Mart Stores, Inc. (NYSE:WMT) has acquired Kosmix for over $300 million according to a source with AllThingsD. Kosmix is a social media platform company that has raised $55 million in funding from Time Warner Investments, Accel Partners, Lightspeed Venture Partners, DAG Ventures, Bezos Expeditions, Jonathan Miller, and Ed Zander.

Wal-Mart Stores, Inc. (NYSE:WMT) has announced that they will start selling the Verizon iPhone 4 at 600 of their retail store locations tomorrow February 10th. “We’re excited to bring iPhone 4 on the Verizon Wireless network, one the most anticipated mobile phone launches in recent history, to Walmart customers,” stated Wal-Mart SVP of Home Entertainment Gary Severson. “As customers continue to embrace smart phone technology, we’ve added nearly 20 smart phone models to our assortment, including the new Verizon Wireless iPhone 4.”