Moscow and Amsterdam, the Netherlands, July 16, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced that it has completed acquisition of 100% of Acropol Bank. The transaction received an approval from the Central Bank of Russia on July 5, 2021. As previously disclosed, the total consideration amounted to approximately RUB 1.1 billion (appx. $14.7 million), of which… Source link
Read More »Yearly Archives: 2021
4 common misconceptions about Social Security that can cost thousands
What you don’t know about Social Security could cost you tens of thousands of dollars in retirement income, a new survey found. “What is overlooked is just the very basic fundamentals, which are Social Security and retirement age,” Christian Worstell, content writer for HelpAdvisor.com and report author, told Yahoo Money. “There’s a lack of awareness around it.” Six out of 10 seniors agree that the Social Security program is “difficult to understand and confusing,” while only 12%… Source link
Read More »Russia’s tech giant Yandex working on AI video translator to allow viewers to watch anything with voiceover — RT Russia & Former Soviet Union
What do you want to watch? Well, if the answer is a foreign-language film or TV show, and there’s no translated version available, you might be out of luck. Now one of Russia’s biggest tech firms is working on a solution. In a statement released last week, digital services giant Yandex revealed it has been working on a software prototype that would allow users to watch videos in their browser in another language. The program is capable of simultaneously translating the… Source link
Read More »Ford recalling 775,000 SUVs for steering issue linked to six injuries
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. The recall covers 2013-2017 model year vehicles that may experience a seized cross-axis ball joint that could cause a fractured rear-suspension toe link, which could significantly diminish steering control, increasing the risk of a crash. The recall covers 676,152 vehicles in North America,… Source link
Read More »Investors are not pumped for Mark Wahlberg-backed fitness chain
F45 Training (FXLV), the fitness franchise backed by actor Mark Wahlberg, got a workout in its Wall Street debut on July 15. Shares of the Austin, Texas-based company rose as much as 11%, then briefly fell below the offer price of $16 a share, before closing up 1.3% to $16.20. In an interview with Yahoo Finance Live, Founder and CEO Adam Gilchrist compared F45’s IPO to that of another franchise fitness chain, Planet Fitness (PLNT). “We wanted to obviously be in a position to replicate the… Source link
Read More »Google Maps users say it offers ‘potentially fatal’ routes on UK’s highest mountain
(CNN) — Hikers looking to summit Scotland’s highest mountain and other peaks in the area are being sent up “potentially fatal” routes by Google Maps, the region’s mountaineering organizations have warned. The John Muir Trust said Thursday that growing numbers of people using Google Maps to navigate up Ben Nevis risk being directed via a route that is “highly dangerous, even for experienced climbers.” Ben Nevis, a popular tourist destination, is the highest mountain in the British Isles,… Source link
Read More »Market history suggests stocks will keep climbing this year: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 16, 2021 A market in motion tends to stay in motion It’s already been a strong year for the U.S. stock market. Through Thursday’s close, the S&P 500 (^GSPC) is up 16.1% year-to-date, while the Dow (^DJI) and Nasdaq (^IXIC) are both up more than 12%. But index-level gains, of course, don’t tell the full story of what’s happening… Source link
Read More »Bitcoin Heads for Its Worst Weekly Close in Over a Month
Bloomberg Crypto Insiders Posit Bitcoin Price Floor Around $30,000 Level (Bloomberg) — Bitcoin has been grinding lower in a trading range just above $30,000, prompting cryptocurrency insiders to flag the round number as a potential floor for the virtual coin.Crypto prognostication is fraught with risk, not least because Bitcoin’s price has roughly halved from a record high three months ago. Even so, some in the industry are coalescing around $30,000 as a support point, citing clues from… Source link
Read More »Google separates with Cloud VP after employees complain about manifesto
Google Cloud headquarters sits in Sunnyvale, California. Google Cloud Google has parted ways with its VP of developer relations for Google Cloud after a contentious all-hands meeting. “I wanted to share that today is Amr Awadallah’s last day at Google,” wrote Vice President of Engineering & Product for Google Cloud Eyal Manor in an email to staff Thursday evening and viewed by CNBC. “Effective immediately, the Cloud DevRel organization will report into Ben Jackson, who will report into Pali… Source link
Read More »Tesla registrations in California surge 85% in second quarter
(Reuters) – Tesla Inc’s vehicle registrations in California rose more than 85% in the second quarter versus last year, largely due to the success of the company’s Model Y, according to data from Cross-Sell https://info.cross-sell.com/tesla-special-report-0, a research firm that collates title and registration data. The automaker posted record vehicle deliveries for the April-to-June quarter earlier this month, as it dealt with a semiconductor shortage and relied on sales of its cheaper… Source link
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