Today's Top Gadgets & Tech Story

FTC, AT&T settle 2014 lawsuit over data slowdowns: court

(Reuters) - The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday. Read More

 

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Qualcomm wins a pause in enforcement of FTC ruling

(Reuters) - Qualcomm Inc won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought by the U.S. Federal Trade Commission (FTC), according to a court filing on Friday. More »

 

Top U.S. publishers sue Amazon's Audible for copyright infringement

(Reuters) - Amazon.com Inc's Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to block a planned rollout of a feature called 'Audible Captions' that shows the text on screen as a book is narrated. More »

 

Qualcomm interim CFO David Wise to retire

(Reuters) - Chipmaker Qualcomm Inc said on Friday interim Chief Financial Officer Dave Wise will retire, effective immediately, and named Akash Palkhiwala as a temporary replacement. More »

 

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion

HONG KONG/SHANGHAI (Reuters) - Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year. More »

 

Walmart, Tesla look to address issues surrounding solar systems

(Reuters) - Walmart Inc and Tesla Inc are looking to address all issues surrounding the solar installations at Walmart stores, the companies said late on Thursday, two days after the retailer sued the electric carmaker for "widespread negligence" that led to repeated fires at the installations. More »

 

App looks to get tips from coffee drinkers to Colombia growers

BOGOTA (Reuters) - An app that sends money in the form of tips from appreciative caffeine devotees around the world to coffee growers in Colombia could help farmers battered by dismal prices earn more income, the initiative's founder said. More »

 

Amazon to acquire minority stake in an Indian supermarket chain operator

MUMBAI/BENGALURU (Reuters) - Amazon.com Inc is set to snag a 3.58% minority stake in India's Future Retail, which operates more than 1,500 stores in India and owns several supermarket brands, including budget department and grocery store chain, Big Bazaar. More »

 

HP CEO steps down, taps veteran insider; flags quarterly profit below Street view

(Reuters) - HP Inc said on Thursday Chief Executive Officer Dion Weisler is stepping down after nearly four years in the role, and forecast fourth quarter profit below Wall Street estimates, sending its shares down 6% in late trade. More »

 

Xiaomi banks on phone data for finance play in India

JAKARTA/MUMBAI (Reuters) - China's Xiaomi <1810.HK> is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges. More »

 

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