Tag Archive : License

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(Reuters) – Micron Technology Inc has not yet obtained new licenses needed to sell its memory chips to China’s Huawei Technologies Co Ltd, which will cut its sales over the next two quarters, company executives said on Tuesday.

FILE PHOTO: Micron Technology’s solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis/File photo

Boise, Idaho-based Micron, one of the world’s biggest makers of DRAM chips, said it had previously obtained licenses from the U.S. government to sell chips for mobile phones and servers from its factories outside the United States to Huawei, which has been the target of U.S. restrictions on chip sales since last year.

Huawei accounted for about $600 million of Micron’s $6.06 billion in sales for the fiscal fourth quarter ended Sept. 3, or just under 10%.

But a new

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Uber Technologies Inc. dodged a ban in its biggest European market after a London judge said the ride-hailing service deserved an 18-month license to operate in the UK capital.

Uber did enough to satisfy the court that it was now “fit and proper” to hold a permit, despite its “historical failings,” Deputy Chief Magistrate Tan Ikram said Monday. In November, Transport for London revoked its license a second time over concerns that it failed to adequately verify drivers’ identities and safeguard passengers.

While Uber’s new license is shorter than the 5-year permit it could have received, the magistrate was far more complimentary of its executives than a prior judge in 2018 who criticized the “gung-ho attitude” of previous management. Ikram pointed to Uber’s “credible and honest” witnesses and said the firm may perhaps be doing “even more” than what a reasonable business is expected to do in the sector.

Uber

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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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COS COB, Conn., Sep 22, 2020 (GLOBE NEWSWIRE via COMTEX) —
COS COB, Conn., Sept. 22, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced new programming license deals for Crackle Plus.

The new license deals cover approximately 1,600 hours of content from companies including KDMG, Endemol Shine, The Film Detective, Arclight, and TBN.

The 1,600 hours of content includes movies and series with must-see programs like Night of the Living Dead, Charade, and House on Haunted Hill from The Film Detective, Legion of Honor from KDMG, The Omega Code from TBN, Dance of the Dragon, Ghost Rituals, and Dinosaur Island from Arclight, and eight seasons of the acclaimed Australian drama series McLeod’s Daughters as well as three seasons of

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