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Controversial cyber security bill advances in Senate

By Patricia Zengerle WASHINGTON (Reuters) – A long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without fear of lawsuits advanced in the U.S. Senate with strong support from members of both parties on Thursday. Dozens of industry and business groups, including the U.S. Chamber of Commerce, back the Cybersecurity Information Sharing Act (CISA), saying it would help

Better search rankings seen key to eBay's growth

After a surprisingly strong quarter shorn of PayPal, further growth for eBay Inc will rest on its ability to make its website more visible to those searching for items to buy. EBay’s shares rose as much as 13.5 percent on Thursday, a day after the company reported a better-than-expected profit for its first quarter since it spun off PayPal Holdings Inc , the payments processing business that had been its

Bitcoin currency exchange not liable for VAT taxes: top EU court

Exchanging traditional currency for the digital currency bitcoin online should be exempt from consumption taxes just like other transactions of banknotes and coins, the European Court of Justice said on Thursday. Europe’s highest court ruled in response to a request by Swedish tax authorities, who had argued bitcoin transactions should not be covered by a European Union directive exempting currency transactions from value added tax (VAT). “Those transactions are exempt

Toyota, Microsoft, Chrysler among advertisers for Yahoo NFL game

Toyota Motor Corp, Microsoft Corp and Chrysler are among the brands that will advertise this weekend during Yahoo Inc’s first live-streamed National Football League game, the internet company said Thursday. Yahoo will stream Sunday’s game between the Buffalo Bills and Jacksonville Jaguars, the first time viewers around the world can watch an NFL game online for free.

AT&T says third-quarter consensus revenue estimates 'inflated'

(Reuters) – AT&T Inc said on Wednesday that consensus revenue estimates for its third-quarter were “inflated” as they differed from its own accounting, which includes results from DirecTV, acquired by the No. 2 U.S. wireless carrier in July. Shares of AT&T, which is scheduled to report results on Thursday, fell as much as 1.3 percent after the Wall Street Journal first reported that the company’s revenue for the quarter could