The American ride-hailing company will pay $1.4 billion in cash for the Dubai-based company and $1.7 billion in convertible notes, and Careem shareholders will have until Monday to agree with the terms.
Facebook got hit with the maximum possible fine in the UK after the Cambridge Analytica scandal that harvested user data without their consent. This is the first financial penalty for Facebook since the breach was first revealed. The fine is expected to amount to somewhere around 500,000 pounds or about $660,000
The US and the UK are warning of a massive cyber attack by Russian hackers. The two governments say that the Russians are trying to take control of routers inside government agencies and other critical infrastructure.