MOSCOW, June 23. /TASS/. Yandex shares updated historical maximum on the Moscow Exchange. The company’s securities grew by 5.9% and reached 3,444.8 rubles ($50.2) per share. By 18:20 Moscow time, the company’s slowed growth to 3.2% and were trading at 3,359 rubles ($48.92). The company’s shares increased after Russian President Vladimir Putin suggested reducing the insurance contributions rate from 14% to 7.6% and the income tax rate from 20% to 3% for IT companies. “I suggest… Source link

MOSCOW, June 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Sberbank to reorganize their two Joint Ventures – Yandex.Market and Yandex.Money. As a result of this transaction, Yandex will become the controlling shareholder in Yandex.Market, while simultaneously exiting the Yandex.Money joint venture. Tigran… Source link

Roman Abramovich is taking a stake in Russia’s largest internet company, Yandex NV, giving it more firepower to buy out ecommerce partner Sberbank PJSC and accelerate a push into online retail. The billionaire owner of Chelsea Football Club and two partners — VTB Bank PJSC and a company owned by steel billionaires Alexander Abramov and Alexander Frolov — bought… Source link

A park will be built near the headquarters, the first two floors will be occupied by cafes, pharmacies, beauty salons. Visitors can relax, play sports, have a snack. The staff will have access to dining rooms, coffee houses, gyms, and a swimming pool, as well as a spacious rooftop terrace. The facade of the building will be decorated with titanium panels. The headquarters of Yandex will become not only a home for employees and a comfortable space for local residents but also a large… Source link

It is a while since Microsoft adopted the Chromium engine for the new version of Edge, and reception to the browser has been broadly positive. Until now, Microsoft has given Windows 10 users the choice between whether they what to use the new Chromium-based Edge, or stick with the old legacy version. But now that’s changing. The company is pushing out the browser via Windows Update to Windows 10 versions 1803, 1809, 1903, 1909, and 2004 — and it… Source link

With most residents confined to their homes in Moscow’s sixth week of lockdown, one familiar sight remains on the Russian capital’s near-empty streets: tech giant Yandex’s yellow-jacketed army of couriers. Strict limits on when Muscovites can leave their homes have increased demand for Yandex’s delivery apps, whose user numbers have grown 75 per cent since March, while also driving more people to its search, blogging, and streaming video platforms. Yandex hopes it can… Source link

MOSCOW and AMSTERDAM, the Netherlands, April 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2020. Q1 2020 Financial Highlights(1)(2) Q1 2020 consolidated financial results Revenues of RUB 47.0 billion ($604.7 million), up 26% compared with Q1 2019 Net income of RUB 5.5 billion ($70.7 million), up 76%… Source link

Summary My top idea is Microsoft Corporation (NASDAQ:MSFT) stock Market capitalization is over 1 trillion US dollars Rating: AAA (S&P and Moody’s) Competitors: Apple and Amazon Reasons why MSFT will outplay its competitors and emerge as one of the best investments Strong Fundamentals In 2019, Microsoft Corporation‘s stock rose by almost 30% with impressive earnings. The company has a highly secure, strong balance sheet and attractive valuations. Microsoft had $134.3 billion in cash on hand at the… Source link

[unable to retrieve full-text content]Microsoft Is Launching Microsoft PromoteIQ and Bing for Commerce  Business Insider Source link