Good morning! Here is the tech news you need to know this Wednesday.
1. Uber CEO Travis Kalanick has said he needs “leadership help” and will get “training”, after footage emerged of him swearing at a driver. Shot in February by an Uber driver, the dashcam shows Kalanick arguing over fares.
2. Tesla has said sexual harassment claims made by one of its female employees are “unsubstantiated.” The company said an independent investigator had reviewed the facts when AJ Vandermeyden first made her complaint.
3. An Amazon Web Services outage knocked out major sites and apps including Slack, Quora, and Lonely Planet on Tuesday. The company fixed the issue, blaming an issue at its data centres in Virginia.
4. South Korea has charged Samsung’s heir apparent, Jay Y. Lee, with bribery and corruption. He has been charged alongside 4 other Samsung executives in relation to the corruption scandal that has resulted in President Park Geun-hye’s impeachment.
5. YouTube will let people stream cable channels for $35 (£28) a month, with no contract. There are no plans for an international launch yet, and the service includes channels from CBS, ABC, NBC, and Fox, but not Viacom or Turner.
6. Hackers reportedly obtained texts between family members of Paul Manafort, President Trump’s former campaign chairman. The data dump was circulating on the dark web, and appears to show Manafort’s daughters troubled by his work.
7. Warren Buffet’s Berkshire Hathaway has more than doubled its stake in Apple from 61 million to 133 shares. Apple is the company’s fifth most valuable holding, earning it $1.6 billion (£1.29 billion) to date.
8. A Chinese bike-sharing service has become a unicorn. Ofo is now worth $1 billion (£809 million) after it raised $450 million (£363 million) from backers including DST and Didi Chuxing.
9. Apple CEO Tim Cook has said the company could only exist in the US. He claimed the company had been responsible for some 2 million jobs, and defended its supply chain, in the wake of Trump making US manufacturing a talking point of his administration.
10. Snap will price its IPO after the market closes today. “The pricing will be the first test of investor appetite for a social-media app beloved by teenagers and 20-somethings but which has yet to turn a profit,” Reuters says.