MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / July 8, 2021 / Yandex (NASDAQ and MOEX:YNDX) today announced it will report its financial results for the quarter ended June 30, 2021, on Wednesday, July 28, 2021. On that day, management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to review and discuss the Company’s results for the second quarter. Second Quarter 2021 Financial Results Conference Call Wednesday,… Source link

Yandex Self-Driving Group, a unit of Russian tech company Yandex, has partnered with Grubhub to bring robotic delivery to American college campuses. Yandex hopes to reach over 250 campuses over the course of the multiyear partnership, starting with dozens of robots in the fall, reported TechCrunch (July 6). YANDEX’S DEVELOPMENT In September 2020, Yandex’s self-driving unit spun out from a joint venture with Uber. As part of the spin-out, Yandex invested $150 million… Source link

Yandex (NASDAQ:YNDX) has received an average recommendation of “Buy” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $71.75. A number of equities analysts have commented on YNDX shares. New Street Research started coverage on… Source link

Attorneys general from 36 states and one district are suing Google for alleged anti-competitive practices — this time, over its Google Play app store. The suit turns up the heat on Big Tech companies, which are also facing a growing pile of antitrust suits, fending off bipartisan antitrust legislation from the House of Representatives, and preparing for more intense scrutiny from the Federal Trade Commission now that it’s headed by antitrust expert and Big Tech critic Lina Khan. The… Source link

WASHINGTON, July 7 (Reuters) – Former U.S. President Donald Trump on Wednesday filed lawsuits against Twitter Inc (TWTR.N), Facebook Inc (FB.O), and Alphabet Inc’s Google (GOOGL.O), as well as their chief executives, alleging they unlawfully silence conservative viewpoints. The lawsuits, filed in U.S. District Court in Miami, allege the California-based social media platforms violated the right to freedom of speech guaranteed by the First Amendment of the U.S. Constitution. Trump is seeking… Source link

A coalition of more than 30 states on Wednesday sued Google for allegedly abusing its power it has over developers through its Google Play store on Google devices, like Androids. SOPA Images/SOPA Images/LightRocket via Gett hide caption toggle caption … Source link

Image: Getty Images The SoftBank-owned Z Holdings has agreed to take the licensing rights of Yahoo in Japan from Verizon Media’s hands for ¥178.5 billion. The agreement comes shortly after Verizon announced it was selling its media arm for $5 billion to private equity firm Apollo Global, which… Source link

WASHINGTON — A group of 36 states and the District of Columbia sued Google on Wednesday over claims that its mobile app store abuses its market power and forces aggressive terms on software developers, expanding the legal challenges facing the internet search giant. The suit is the fourth state or federal antitrust lawsuit filed against Google since October, but the first to scrutinize the company’s lucrative app store. Utah, North Carolina, New York and Tennessee led the suit, which was… Source link

The suit, which could be filed as early as Wednesday, alleges that Google abused its dominance in the mobile ecosystem to favor its own Google Play Store, reducing competition in the process, the person said. The suit also takes aim at the fees that Google charges developers for in-app purchases, according to the source. Bloomberg was first to report the lawsuit. It is unclear which states are involved in the suit. Court records reviewed by CNN Business on Wednesday showed that a case against… Source link

Google CEO Sundar Pichai. (AP Photo/Eric Risberg) Google’s (GOOG, GOOGL) app store, Google Play, became the latest target of Big Tech antitrust regulators Wednesday in a federal lawsuit filed by dozens of attorneys general led by the state of Utah. The case, brought in U.S. District Court for the Northern District of California, is one of dozens of lawsuits that Google’s parent company Alphabet is facing in a wave of actions around the globe challenging tiers of its dominant markets.  In… Source link