Internetnews.com writes that “

[t]he ban on Internet access taxes would be extended for another four years under legislation introduced today in the U.S. Senate. The current ban, originally passed in 1998 and extended twice since then, is set to expire on Nov. 17.”

According to the Register, “[t]he European Commission is considering new legislation against identity theft. The proposal is contained in a just-published policy on EU-wide plans to fight cybercrime.  […]  Overall, the commission said its cybercrime fighting policies would depend on improved co-operation and communication between law enforcement forces across Europe.”

SFGate.com reports that “California faces a shortage of college-educated workers that could slow its economic growth.”  To remedy the situation, the Public Policy Institute of California suggests “two possible fixes — encouraging more residents to finish college while letting employers import more brainpower from abroad.”

The Economist points out that “[a]t a time when Europe’s big companies can hold their heads up high, with results comparable to those of America’s corporate giants, comes a crop of boardroom upheavals and struggles for control—a surprising occurrence in the midst of a boom, and one that could mean tougher times ahead.”

The Mercury News reports that “[s]ecurities regulators Wednesday voted to overhaul a corporate rule covering financial risks, reacting to intense pressure from Congress and years of criticism from industry groups who claim the directive proved too expensive and burdensome.  […]  The adjustment to a rule known as Section 404 after its location in the landmark Sarbanes-Oxley corporate accountability law amounts to a substantial victory for business. Regulators initially predicted the rule would cost an average of $91,000 a company. In the years since, large firms racked up bills in the millions of dollars and battled with auditors about whether they were being charged for busywork.”