China is winning the war for global tech dominance

When the United Kingdom announced in July that it no longer would allow the Chinese technology firm Huawei to be part of its 5G telecommunications network, it was considered to be a success for the Trump administration’s lobbying of its closest ally. Other countries such as Australia and Japan also have effectively banned the company, echoing Washington’s fears of a potential national security threat.

Unfortunately for those hawkish on Huawei, the vast majority of the world remains open to using the company’s technology. Huawei has a presence in more than 170 countries, including dozens in Europe, and even Canada has yet to be persuaded to block the Chinese Communist Party-linked company.

This is a reflection of the reality that America finds itself in today — namely, that China appears to be winning the war to build the world’s technology infrastructure.

China’s push to dominate technology is being coordinated through a

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Uber gets 18-month London license after winning court appeal

Uber can keep operating in London for another year and a half after winning its appeal of a decision by the British capital’s transit regulator not to renew its license.

The San Francisco-based ride-hailing company had challenged Transport for London’s decision in late 2019 not to renew its operating license over safety concerns involving impostor drivers.

Deputy Chief Magistrate Tan Ikram said Monday he found Uber to be “fit and proper” and granted the company an 18-month license extension, which comes with 21 conditions including providing regular, independent reports to authorities.

The company said the decision is a “recognition of Uber’s commitment to safety” and it will “continue to work constructively” with the regulator.

It’s a crucial legal victory in a lucrative European market as the company struggles to turn a profit. Uber posted a $1.8 billion loss in the latest quarter because millions of people stayed home amid the

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Uber Gets 18-Month London License After Winning Court Appeal on Cheddar

By Kelvin Chan

Uber can keep operating in London for another year and a half after winning its appeal of a decision by the British capital’s transit regulator not to renew its license.

The San Francisco-based ride-hailing company had challenged Transport for London’s decision in late 2019 not to renew its operating license over safety concerns involving impostor drivers.

Deputy Chief Magistrate Tan Ikram said Monday he found Uber to be “fit and proper” and granted the company an 18-month license extension, which comes with 21 conditions including providing regular, independent reports to authorities.

The company said the decision is a “recognition of Uber’s commitment to safety” and it will “continue to work constructively” with the regulator.

It’s a crucial legal victory in a lucrative European market as the company struggles to turn a profit. Uber posted a $1.8 billion loss in the latest quarter because millions of people stayed

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Uber can continue operating in London after winning court appeal

Uber has won the right to continue operating in London. The ride-hailing company was contesting a decision made by Transport for London (TfL) in November last year. The regulator believed that Uber wasn’t “fit and proper” and had shown “a pattern of failures” since entering the city in May 2012. Uber disagreed with the assessment, though, and filed an appeal last December. A four-day hearing, which began on September 14th, has led to today’s decision by deputy chief magistrate Tanweer Ikram. “Despite their historical failings, I find them, now, to be a fit and proper person to hold a London PHV [private hire vehicle] operator’s licence,” he concluded.

Uber is now free to negotiate with TfL on the length of its new licence, which could last months or years. “This decision is a recognition of Uber’s commitment to safety and we will continue to work constructively with TfL,” Jamie Heywood,

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Malaysia Stock Market Tipped To Extend Winning Streak

(RTTNews) – The Malaysia stock market has finished higher in two straight sessions, gathering more than a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,510-point plateau and it’s looking at another green light again on Monday.

The global forecast for the Asian markets is upbeat, with technology stocks expected to lead the markets higher amidst bargain hunting. The European markets were mixed and the U.S. bourses were sharply higher and the Asian markets figure to follow the latter lead.

The KLCI finished modestly higher on Friday as more huge gains from the rubber glove makers were capped by weakness from the plantations and telecoms, while the financials were mixed.

For the day, the index gained 8.34 points or 0.56 percent to finish at 1,509.14 after trading between 1,505.05 and 1,516.00. Volume was 5.172 billion shares worth 3.959 billion ringgit.

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