SANTA CLARA (AP) - A challenging overseas market is weighing on eBay's outlook for the second half of the year, sending shares lower in after-hours trading Wednesday even though the e-commerce bellwether's second-quarter results were roughly in line with Wall Street's expectations.
NEW YORK (AP) - The NCAA said Wednesday it won't allow Electronic Arts Inc. to use its logo and name in video games while it fights a lawsuit that says the governing body owes billions of dollars to former players for allowing their likenesses to be used for free.
SANTA CLARA (AP) - Intel Corp., the world's largest maker of chips for PCs, put a brave face on the decline of the global PC sales earlier this year, saying it still expected its own sales to grow. On Wednesday, it backtracked, saying sales will be flat.
SAN FRANCISCO (AP) - Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo since 2005 when it invested $1 billion in what was then a little-known Internet company in China, Alibaba.
• ALIBABA OPENS DATA CENTER IN SILICON VALLEY: SAN JOSE (AP) - The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley.