Marikana evidence leader: SAPS not co-operating

By Jonisayi Maromo of the SA Press Association: Farlam Commission of Inquiry evidence leader Geoff Budlender SC, has accused the police of not co-operating with the commission. The SA Police Service (SAPS) had failed to submit numerous documents and recordings requested by evidence leaders, said Budlender. Preparations for cross-examining the inquiry’s next witness, North West police … Read more

Apple refunding $32.5m in kids’ App purchases

From Reuters: Apple Inc will refund consumers at least $32.5 million to settle a longstanding complaint that the technology company billed U.S. consumers for charges incurred by children through mobile apps without their parents’ consent. Under the terms of the settlement, announced on Wednesday by the U.S. Federal Trade Commission, Applealso will be required to change its billing practices to … Read more

U.S.: $28m Bitcoins forfeiture is a record

From SAPA/AP: A record $28 million of bitcoins was formally transferred to the U.S. government several months after it was seized from the server of the black market website Silk Road after the government claimed the digital currency was used to facilitate money laundering, prosecutors announced Thursday. The action came a day after a Manhattan … Read more

Asian Stocks, Dollar Subdued After Wall St Losses

From Reuters: * Goldman, Citi downbeat earnings drag on U.S. shares, weigh on Asia * Oil rises, showing some remain optimistic on global growth * Aussie dollar remains under pressure after jobs data shock By Lisa Twaronite TOKYO, Jan 17 (Reuters) – Stocks got off to a lacklustre start and the dollar was on the back foot in … Read more

Google can be sued for breach of privacy: UK court

From SAPA Britain’s High Court has rejected a bid by Google Inc. to stop a group of Internet users suing it for breach of privacy. Several users of the Apple Safari Internet browser claim Google bypassed security settings in order to track their online activity and target them with personalized advertisements. Lawyers for Google argued … Read more

M&A in Africa: SA, China, India biggest buyers

From Reuters LONDON (Reuters) – The value of merger and acquisition deals targeting sub-Saharan African firms jumped by almost a third last year to $30.3 billion, while debt sales from the continent hit a record high, data from Thomson Reuters showed on Thursday. African companies are attracting increasing investor attention due to the spending power … Read more