Today's Top Gadgets & Tech Story

China's Pinduoduo reports theft of online discount vouchers to police

BEIJING (Reuters) - Chinese online group discounter Pinduoduo Inc said on Sunday that an online collective exploited a loophole on its platform to "steal" tens of millions of yuan worth of discount vouchers. Read More

 

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Tesla cuts jobs as it looks to make Model 3 more affordable

(Reuters) - Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent. More »

 

Sorrell's S4 Capital seeks more deals in digital-only drive

MUNICH (Reuters) - Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy. More »

 

U.S. regulators discuss fining Facebook for privacy violations: report

(Reuters) - U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions. More »

 

Apple ordered to pull part of press release in Qualcomm case

(Reuters) - Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed. More »

 

EU tax on big digital companies could be struck by March: French minister

PARIS (Reuters) - A European Union-wide tax on the world's top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday. More »

 

Philippine financial service firm flags data breach affecting 900,000 clients

MANILA (Reuters) - Cebuana Lhuillier, a Philippine financial service provider, said on Saturday that the data of 900,000 clients had been accessed without authorization and that it had already alerted authorities to investigate the incident. More »

 

Robots will be your colleagues not your replacement: Manpower

BERLIN (Reuters) - Fears that robots will eliminate your job are unfounded with a growing number of employers planning to increase or maintain headcount as a result of automation, staffing company ManpowerGroup said in a survey published on Friday. More »

 

Netflix shares fall as weak forecast dampens investor optimism

(Reuters) - Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. More »

 

Canada dismisses China's warning of repercussions over Huawei ban

SHERBROOKE, Quebec (Reuters) - Canada's government on Friday dismissed China's warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security. More »

 

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