(Bloomberg) -- President Barack Obama will create a way for companies to voluntarily share information about computer-network threats while he awaits congressional action on cybersecurity legislation.

Obama plans to announce an order setting up a framework for the information exchange as part of a White House-sponsored summit on cybersecurity and consumer protection at Stanford University in California, which will convene technical and security experts from companies such as Microsoft Corp., Google Inc., Yahoo! Inc. and Facebook Inc.

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