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In a globalax even push fails. And strong debut. Shares of alibaba began trading kong and the first aboveg day, more than 6 listing price. Our top story this week, uber and its uncertain future in looked. The citys Transit Authority refused to grant the ride a new license on monday. The reason, rider safety. Regulator said uber adequately verify drivers identities. Swiftly responded, saying the decision was wrong. He has said safety is the priority. Uber will appeal the ruling. London mayor says much more with regards to safety. Keen for it to be a hotbed of innovation, for new businesses, but youve got to rules. Y the what is clear is ubers passenger safety has been compromised. Withth more, i caught up eric newcomber. I asked him if the uber app or the technology itself allowed all the drivers not to be verified. Is whethere here drivers in london were able to platform even though they werent sort of the right licensed. Prope ....
Margrethe vestager tells her they will push for a global tax. Shares of alibaba the trading in hong kong, ending the first price. Day above listing our top story, uber and its uncertain future in london. The citys Transit Authority has refused to grant them a license, saying uber failed to adequately verify driver identities. Responded,ftly tweeting that the decision was quote wrong. He had said safety is the Company Priority and will appeal the ruling. Londons mayor says much more needs to be done with regards to safety. To be akeen for london hotbed of innovation but you have got to abide by the rules. What is clear is ubers policy and practices mean passenger safety is being. Being compromised. Emily i caught up with a guest, asking him if uber or the technology itself allowed drivers not to be verified. The issue here is whether drivers in london were able to get on ....
We will hear from her. Strong debut. Shares of alibaba the trading in hong kong, ending the first trading day above listing price. Our top story, uber and its uncertain future in london. The citys Transit Authority has refused to grant them a license, saying uber failed to adequately verify driver identities. The ceo swiftly responded, tweeting that the decision was quote wrong. He had said safety is the Company Priority and will appeal the ruling. Londons mayor says much more needs to be done with regards to safety. I am keen for london to be a hotbed of innovation but you have got to abide by the rules. What is clear is ubers policy and practices mean passenger safety is being compromised. Emily i caught up with a guest, asking him if uber or the technology itself allowed taylor i caught up with a guest, asking him if uber or the technology itself allowed drivers not t ....
Chairman and founder after that stubhub cash deal from ebay. Five years ago, alibaba pulled off its biggest ever ipo on wall street today, the biggest share sale in hong kong in years. The listing is being seen as a triumph for a stock exchange. It comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you look at the company raising an additional 11 dollars, where do you see that use of in terms of that cash . John it will be interesting to see what they do. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business which is a percent of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how t ....