AP - TextBuyIt, a recently launched shop-by-cell phone service from Amazon.com Inc., seemed like the ultimate comparison shopping tool — perfect for an unabashed bargain hunter like myself.

AP - With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.

AP - Yahoo Inc. shares moved higher Wednesday even after the company reported a drop in earnings and missed Wall Street's forecasts.

AP - AT&T Inc.'s second-quarter financial results Wednesday indicated that the weak economy is catching up to the nation's largest telecommunications company, but investors were largely satisfied with what they saw.

CNET - The bad news for the lending crisis has rippled further on the Web.

AFP - London-based Internet television service provider Joost said it launched a Chinese service Wednesday with local portal TOM Online to tap the world's largest online market.

NewsFactor - Microsoft is opening the Xbox 360 to third-party software creators in a bold attempt to dramatically expand the number of games available on its platform. The goal is to give gaming aficionados far more choices than rivals Sony and Nintendo are offering.

AFP - British mobile phone giant Vodafone said Wednesday it would repurchase shares worth 1.0 billion pounds (1.3 billion euros, 2.0 billion dollars) and stressed that it was undervalued.