Indiegogo’s CEO steps down amid layoffs

David Mandelbrot is out as CEO of crowdfunding site Indiegogo, citing “personal reasons” in his farewell LinkedIn post. The company also laid off some employees, according to sources familiar with the matter. Andy Yang will begin his tenure as the next CEO tomorrow, Mandelbrot said in his post. Yang was …

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Huawei executive accused of helping steal trade secrets

A Huawei executive was involved in a plot to steal trade secrets, claims California-based electronics startup CNEX Labs. Chinese telecommunications company Huawei and CNEX — which was co-founded by a former Huawei employee — have filed dueling lawsuits over trade secret theft. Now, The Wall Street Journal reports that high-level …

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Can Huawei fight back against its trade ban?

China’s biggest phone manufacturer is running out of friends. Google, Qualcomm and ARM have all reportedly cut ties with Huawei, leaving the company scrambling for partners in the wake of a presidential order. It’s not clear how Huawei will respond to the new blackout, but it’s likely that the company …

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