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Federal judge sides with CFTC on virtual currency oversight

A federal judge said on Wednesday that virtual currencies meet the definition of a “commodity” and fall within the jurisdiction …read more Source: Reuters Tech News

Amazon to open new retail store in New York City in latest brick-and-mortar push

Amazon.com Inc on Wednesday said it is opening a store in New York City that will sell products ranging …read more Source: Reuters Tech News

U.S. fintech startup Stripe valued at $20 billion in latest funding round

Payments startup Stripe said on Wednesday it has raised $245 million in funding, better positioning the company to expand to …read more Source: Reuters Tech News

U.S. fintech Stripe valued at $20 billion in latest funding round

U.S. payments firm Stripe said on Wednesday it has raised $245 million in a new round of funding, valuing the …read more Source: Reuters Tech News

Tech companies back U.S. privacy law if it preempts California’s

Major technology companies and internet service providers told a U.S. Senate panel on Wednesday they support federal legislation to protect …read more Source: Reuters Tech News

Uber to pay $148 million to settle data breach cover-up with U.S. states

Uber Technologies Inc [UBER.UL] will pay $148 million for failing to disclose a massive data breach in 2016, marking a …read more Source: Reuters Tech News

Facebook unveils new VR headset ‘Oculus Quest’ for $399

Facebook Inc unveiled its new wireless virtual reality headset at a conference on Wednesday and said it plans to …read more Source: Reuters Tech News

Amazon users report Alexa breakdowns across Europe

Amazon.com Inc’s Echo smart speakers were back up on Wednesday after facing problems with connectivity in the U.K. and some …read more Source: Reuters Tech News

Peugeot invests 80 million euros in electrified gearboxes: union

French carmaker PSA Group will build electrified gearboxes in eastern France for a new generation of hybrid vehicles, in an …read more Source: Reuters Tech News

Uber settles for $148 million with 50 U.S. states over 2016 data breach

Uber Technologies Inc has settled with the top legal officers in all 50 U.S. states over a massive data breach …read more Source: Reuters Tech News