U.S. creates new agency to lead cyberthreat tracking

By Warren Strobel WASHINGTON (Reuters) – Calling the destructive cyberattack on Sony Pictures “a game changer,” a top White House official on Tuesday announced a new intelligence unit to coordinate analysis of cyberthreats, modeled on similar U.S. government efforts to fight terrorism. Lisa Monaco, President Barack Obama's homeland security and counterterrorism adviser, said the new agency will rapidly pool and disseminate data on cyberbreaches, which she said are ballooning in size and sophistication, to U.S

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Paypal’s retail chief steps down

SAN FRANCISCO (Reuters) – Paypal executive Don Kingsborough, who helped orchestrate the payments company's move into physical retail stores, stepped down in January, the company said on Wednesday. His departure, which tech blog Re/code first reported, comes as the company competes with the likes of fast-growing startup Square, to get its payments system adopted in more retail chains nationwide. In a statement, spokeswoman Amanda Miller said PayPal, which is slated to split from eBay Inc later this year, will keep testing and investing in various in-store payments systems

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EBay to cut jobs, sell enterprise unit ahead of PayPal split

By Deepa Seetharaman SAN FRANCISCO (Reuters) – EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year. The jobs will be cut across the marketplace, payments and enterprise divisions, eBay said on Wednesday in its fourth-quarter earnings report.

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Facebook acquires voice recognition firm

By Alexei Oreskovic SAN FRANCISCO (Reuters) – Facebook Inc acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones.

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Uber loses bid to withhold CEO emails in gratuity lawsuit

By Jonathan Stempel (Reuters) – A federal judge rejected Uber Technologies Inc's bid that it not be required to disclose emails from Chief Executive Travis Kalanick in a California lawsuit accusing the popular ride-booking service of deceiving customers about how it shares tips with drivers.

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U.S. startup sues France’s Orange over social calling app

(Reuters) – French telecom group Orange SA confirmed on Wednesday that it has been sued in California by San Francisco-based startup Telesocial in an intellectual property case, but said that the startup’s claims were unfounded. Orange said Telesocial has already taken the company to two French courts including the Paris Court of Appeal based on the same complaints, but in both cases the claims were rejected. “This reinforces our view that Telesocial’s complaints are totally lacking in merit,” the group said in an emailed statement

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