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U.S. SEC official says ether not a security, price surges

NEW YORK (Reuters) – The price of ether rose on Thursday after a senior official at the U.S. Securities and …read more Source: Reuters Tech News

Facebook’s public relations chief to step down

SAN FRANCISCO (Reuters) – Facebook Inc said on Thursday that Elliot Schrage, who as head of communications and public policy …read more Source: Reuters Tech News

Exclusive: Amazon to tap Brazil beauty obsession with cosmetics partners

SAO PAULO (Reuters) – Amazon.com Inc is recruiting major Brazilian cosmetics firms Grupo Boticario and Natura Cosmeticos SA …read more Source: Reuters Tech News

Xapo, itBit win U.S. regulator nod for virtual currency services

NEW YORK (Reuters) – The New York Department of Financial Services (DFS) said on Thursday it had granted a virtual …read more Source: Reuters Tech News

Northvolt cuts cost estimate for European battery plant as seeks investors

STOCKHOLM (Reuters) – Northvolt has cut the estimated cost of building Europe’s largest battery factory, giving a boost to a …read more Source: Reuters Tech News

Etsy raises 2018 revenue growth forecast, shares hit record

(Reuters) – Etsy Inc on Thursday raised its full-year revenue growth forecast, boosted by an increase in its transaction fee …read more Source: Reuters Tech News

Senate panel to call key Cambridge Analytica figure to testify

WASHINGTON (Reuters) – A U.S. Senate Commerce Committee panel plans to call a former Cambridge Analytica contractor at the center …read more Source: Reuters Tech News

After cobalt-free pledge, Panasonic to triple consumption for auto batteries: sources

LONDON (Reuters) – Panasonic Corp expects to more than triple its cobalt consumption in five years’ time, industry sources …read more Source: Reuters Tech News

Elon Musk’s Boring Co to build high-speed commuter system in Chicago

CHICAGO (Reuters) – Chicago has selected billionaire entrepreneur Elon Musk’s Boring Co to build a high-speed underground commuter system from …read more Source: Reuters Tech News

Crypto-startup Paxos wins NY approval to trade ether, litecoin

(Reuters) – Crypto currency startup Paxos Trust on Thursday has been authorized by the state of New York to trade …read more Source: Reuters Tech News