Monthly Archives: September 2020

Podcast: How Russia’s everything company works with the Kremlin

Russia’s biggest technology company enjoys a level of dominance that is unparalleled by any one of its Western counterparts. Think Google mixed with equal parts Amazon, Spotify and Uber and you’re getting close to the sprawling empire that is Yandex—a single, mega-corporation with its hands in everything from search to ecommerce to driverless cars.  But being the crown jewel of Russia’s silicon valley has its drawbacks. The country’s government sees the internet as contested… Source link

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DuckDuckGo not pleased that Bing and Yandex won big in latest Android search choice screen auction

This story was originally published 2020/09/29 7:54am PDTon Sep 29, 2020 and last updated 2020/09/30 10:51am PDTon Sep 30, 2020.  Google has announced the winners of this quarter’s auction for default search engine options on Android devices in the Europe. In most of the EEA plus the U.K., users setting up their new phone or tablet starting October 1 will likely have to choose between using Google, Bing, GMX, Info.com, or Yandex. The company has been holding these choice screen Source link

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Google to enforce Play store tax on the 3% of apps not paying, Telecom News, ET Telecom

Alphabet Inc’s Google on Monday sought to rebut criticism that it selectively enforces its 30% mobile app store tax, demanding that the over 3% apps selling digital items without complying follow the rules within a year. The change follows lawsuits by “Fortnite” video game maker Epic Games last month accusing Google and Apple Inc of anticompetitive conduct. Apps sold on the tech leaders’ stores are required to use their payment systems so they can collect a portion of sales, which developers… Source link

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Yandex spins out self-driving car unit from its Uber JV, invests $150M into new company – TechCrunch

Self-driving cars are still many years away from becoming a ubiquitous reality, but today, one of the bigger efforts to build and develop them is taking a significant step out as part of its strategy to be at the forefront for when they do. Yandex — the publicly traded Russian tech giant that started as a search engine but has expanded into a number of other, related areas (similar to U.S. counterpart Google) — today announced that it is spinning out its self-driving car unit from… Source link

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Yandex Restructures Self-Driving Business Nasdaq:YNDX

Yandex will increase its stake in the new company (Yandex SDG) to 73% and invest anadditional $150 million in its future development MOSCOW and AMSTERDAM, Sept. 04, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) and Uber today entered into agreements to spin off the self-driving vehicles business, Yandex Self Driving Group B.V. (“Yandex SDG”) from their ride-hailing and foodtech joint venture, MLU B.V. Following these transactions, Yandex SDG will be directly owned by… Source link

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