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Uber On Track For A 2019 IPO – CEO

Chief Executive Officer of Uber, Dara Khosrowshahi has said the company is on track to go public in 2019. “We’re in a good position in terms of the company’s profile, in terms of profitability and margins continue to get better,” Khosrowshahi told CNBC’s Carl Quintanilla at the Code Conference in …

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Facebook facial recognition faces class-action suit

Facebook must face a class action lawsuit over its use of facial recognition technology, a California judge has ruled. The lawsuit alleges that Facebook gathered biometric information without users’ explicit consent. It involves the “tag suggestions” technology, which spots users’ friends in uploaded photos; the lawsuit says this breaches Illinois …

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Zuckerberg apologises for data breaches

Facebook founder Mark Zuckerberg has admitted that the social network “made mistakes” that led to millions of Facebook users having their data exploited by a political consultancy. Cambridge Analytica is accused of improperly using the data on behalf of political clients. In a statement, Mr Zuckerberg said a “breach of …

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Samsung heir freed from S Korea jail

Samsung heir Lee Jae-yong has been freed from jail after a South Korean court suspended his five year jail term for bribing the country’s ex-president. An appeals court upheld parts of the conviction, but used its discretion to release the executive. South Korea’s supreme court is expected to appeal against …

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Tracking device exposes alleged robber

Alidu Mohammed, unemployed who is accused of robbing a Japanese Public Health Nurse and a Caterer of their mobile phones and monies at Dzorwulu has appeared before an Accra Circuit Court. Mohammed was arrested when a tracking device in one of the mobile phones led the Police to his hideout. …

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