Paul Sakuma / AP The Yahoo logo is displayed outside of offices in Santa Clara, Calif., in this Monday, April 18, 2011, file photo. Thursday, Nov. 4, 2021 | 2 a.m. In an all-too-rare instance of positive news coming from Big Tech, Yahoo announced this week that it was pulling out of China. Citing the Chinese government’s sweeping regulatory crackdown on the tech, education, gaming and entertainment industries in recent months, Yahoo said it was shutting down access to its services… Source link

Russia’s Yandex Self-Driving Group has signed a memorandum of understanding with Majid Al Futtaim, operators of the Carrefour banner in the Middle East, to introduce autonomous robot delivery to its stores in Dubai. The partnership will enhance Carrefour’s last-mile delivery capabilities in the region, with a pilot programme set to launch in early 2022. Through the initiative, Carrefour customers in selected neighbourhoods across the United Arab Emirates will be able to receive their… Source link

Yahoo is leaving the China market, suspending its services there as of Monday amid what it says is an “increasingly challenging” business and legal environment. Foreign technology firms have been pulling out or downsizing their operations in mainland China as a strict data privacy law specifying how companies collect and store data takes effect. Such companies have decided the regulatory uncertainty and reputational risks outweigh the advantages of staying in the huge market. Which foreign… Source link

OREANDA-NEWS.  The capitalization of the Russian company Yandex, following the results of trading on November 3 on the Nasdaq exchange in the United States, exceeded $30 billion for the first time. According to Bloomberg, the market value of the parent structure of Yandex N.V., registered in the Netherlands, amounted to $30.119 billion. According to the results of the last trading, the company’s shares were worth $84 per paper. During the day, the shares rose by 1.31%. Yandex N.V. Class A… Source link

(Bloomberg) — Cathie Wood’s exchange-traded funds sold 3.9 million shares in Zillow Group Inc. on Wednesday as the stock’s rout deepened — a day after buying 288,813 of the securities. Most Read from Bloomberg The stake offloaded was about $255 million, assuming Wednesday’s closing price. That’s about 10 times the value of the shares purchased on Tuesday, when Seattle-based Zillow pulled the plug on its tech-powered home-flipping operation. Zillow’s stock has suffered as investors… Source link

A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration SEOUL, Nov 4 (Reuters) – Alphabet’s (GOOGL.O) Google said on Thursday it plans to allow third party payments systems in South Korea in order to comply with the country’s new law, which bans major app store operators from forcing software developers to use their payments systems. Google’s announcement comes after the Korea Communications Commission’s (KCC) request for the U.S. tech giant… Source link

Former Acting Director of National Intelligence Ric Grenell weighs in on Google’s crack down on digital ads promoting false climate change claims, arguing that it is a ‘slide toward fascism.’  Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests. The head of the Alphabet Inc. subsidiary’s cloud division, Thomas Kurian, met this week with Pentagon officials to… Source link

When Sonos purchased a privacy-focused voice assistant Snips in 2019, it strongly implied that it planned to build an assistant that would “add to our customers’ ease of use and control” instead of going head-to-head with bigger assistants from other big tech companies. Nearly two years later, we might be close to being using the company’s homegrown assistant, as a Reddit user found code in the Sonos app that appears to show voice commands for Sonos Voice Control (via Protocol).

Stock futures opened little changed Wednesday evening to hold near record highs, with investors contemplating the the Federal Reserve’s decision to begin paring back some of its monetary policy support as the economic recovery progresses further. Earlier during the regular session, each of the S&P 500, Dow and Nasdaq set record intraday and closing highs yet again, with the Fed’s latest monetary policy decision compounding with optimism over a slew of stronger-than-expected quarterly… Source link

Google is reportedly “aggressively” working on winning a contract with the Pentagon, even though some of its previous Department of Defense work sparked major backlash from employees, according to The New York Times. According to the report, Google’s Cloud division has reassigned engineers to work on a proposal for Google to contribute to the Joint Warfighting Cloud Capability program, which the DoD describes as an attempt to “achieve dominance in both traditional and… Source link