Today's Top Gadgets & Tech Story

Huawei shipments could fall by up to a quarter this year: analysts

HONG KONG/SHANGHAI (Reuters) - China's Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said. Read More


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First American says product defect could have caused customer data exposure

(Reuters) - U.S. real estate title insurance company First American Financial Corp said on Friday it had learned of a design defect in one of its production applications that had made possible unauthorized access to customer data. More »


U.S. startup accuses Huawei executive of involvement in trade-secrets theft: Wall Street Journal

(Reuters) - A Silicon Valley chip startup has accused a top executive of China's Huawei Technologies Co Ltd, Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, the Wall Street Journal reported on Wednesday, citing court documents. More »


Musk's SpaceX raised over $1 billion in six months: filings

(Reuters) - Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space. More »


Amazon facial recognition ban won just 2% of shareholder vote

(Reuters) - Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed. More »


Uber's first employee, Ryan Graves, resigns from board

SAN FRANCISCO (Reuters) - Uber's first employee and one-time chief executive Ryan Graves will step down from the company's board of directors, Uber said on Friday. More »


First satellites for Musk's Starlink internet venture launched into orbit

CAPE CANAVERAL, Fla. (Reuters) - SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk's new Starlink internet service. More »


Mexico tax plan for riding hailing firms may soon be mandatory: Cabify

MEXICO CITY (Reuters) - A tax withholding plan in Mexico for drivers at ride-hailing firms envisaged as voluntary when it was unveiled earlier this week could become obligatory in 2020, Spanish company Cabify said on Friday. More »


South Korea orders further arrests at Samsung Electronics over accounting scandal

SEOUL (Reuters) - A South Korean court approved arrest warrants on Saturday for two executives at Samsung Electronics Co Ltd over their alleged roles in a suspected accounting fraud at the biotech arm of Samsung Group. More »


Global Payments nearing $20 billion deal to buy Total System: source

(Reuters) - Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday. More »


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