Ecommerce

Bitcoin Legalized in California

Digital currencies such as Bitcoin and customer-reward points are now legal forms of payment in the state of California.

U.S. Supreme Court Rejects Apple E-Books Appeal

The U.S. Supreme Court on Monday declined to hear Apple's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as part of a settlement.

Yahoo Shares Rise on Alibaba Spinoff Decision

Yahoo shares rose after the company said it would go ahead with the planned spinoff of its stake in Alibaba Group Holding despite the risk that the deal might not be tax free.