MOSCOW, July 7 (Reuters) – Russian tech giant Yandex will launch an electric scooters rental service in Moscow on Wednesday, the company said, tapping into surging demand across the city. Electric scooters are a common sight in Moscow during summer, whizzing around the city’s parks and pavements, but authorities have been forced to impose speed limits following a string of accidents. The service will be launched on the Yandex.Go app, the company’s one-stop-shop for ride-hailing, food delivery… Source link

Russian tech giant Yandex and online food delivery venture Grubhub have announced a multi-year partnership pitched at college campuses in the US. Financial terms of the tie up were not disclosed. Yandex autonomous delivery robots will join Grubhub’s platform, with the service set to be available at select college campuses this autumn. GrubHub partners with more than 250 college campuses across the US. “We chose to partner with Grubhub for campus delivery because of its unparalleled reach into… Source link

The Yahoo brand, once an internet name as iconic as Google, might be worth little to young people more familiar with TikTok and Instagram. But it still has value in Japan, where the once-illustrious marquee just sold for ¥178.5 billion ($1.6 billion). Z Holdings Inc., a unit of Masayoshi Son’s SoftBank Group Corp., agreed to buy the rights to the Yahoo name in Japan to replace an existing licensing agreement. The deal follows the sale of Verizon Communications Inc.’s media… Source link

Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer’s Conference, in San Francisco on Feb. 19, 2015. | AP Photo/Eric Risberg, File Former Yahoo CEO Marissa Mayer has contributed $200,000 to beat back an effort to recall Gov. Gavin Newsom, deepening the governor’s substantial Silicon Valley support. The outlay from Mayer bolsters Newsom’s massive cash advantage over Republican rivals and further demonstrates the extensive… Source link

Active bitcoin miners may see their profitability double following the 28% downward difficulty adjustment in mining on July 3, according to several mining sites.  The North American hash spread – an index invented by digital asset financial services platform BitOoda to measure the difference between bitcoin mining revenue per megawatt-hour and the cost of the needed power – has almost doubled to $449 from $225.  “Mining economics have improved significantly,” Sam Doctor, chief… Source link

(Bloomberg) — Didi Global Inc. plunged Tuesday in U.S. trading as the ride-hailing company faced scrutiny over its data security and a broader Chinese crackdown on companies listing their shares abroad. China’s State Council issued a sweeping warning to China’s biggest companies, vowing to tighten oversight of data security and overseas listings. That announcement followed the opening of a security review by China’s internet regulator last week and a demand for app stores to remove… Source link

Yandex Self-Driving Group, a unit of Yandex, the publicly-traded Russian tech giant, has announced a partnership with food delivery service Grubhub to be its multi-year robotic delivery provider across American college campuses. Yandex will begin operating this fall with dozens of vehicles, according to Dmitry Polishchuk, CEO of Yandex Self-Driving Group, and hopes to reach over 250 campuses. Last September, Yandex’s self-driving unit spun out from a joint venture… Source link

(Bloomberg) — U.S. stocks fell, snapping a streak of seven consecutive closing record highs, as a plunge in Treasury yields to the lowest since February weighed on banks and small caps. A gauge of the dollar strengthened and crude oil dropped from a six-year high. The benchmark S&P 500 was led lower by the energy and financial sectors, ending the rally of record closes that was the longest since 1997. Amazon.com pushed the Nasdaq 100 to another all-time high. Ride-hailing firm Didi Global… Source link

Clover Health (CLOV) is joining other Medicare Advantage (MA) plans in offering a grocery benefit to its members, an option that was first made available by the U.S. Centers for Medicare and Medicaid Services (CMS) in 2018.  Clover CEO Vivek Garipalli told Yahoo Finance the goal is to help alleviate health-determining factors, known in the industry as social determinants of health, which include access to healthy food. Major MA players like Humana (HUM) and Centene (CNC) have already begun to… Source link

Benzinga – Actionable Trading Ideas, Real Time News, Financial Insight Page Not Found. Sorry, but the page you were trying to view does not exist. Please click on the menu icon at the bottom, right-hand corner and choose a feed to view Benzinga articles or click on search icon at the top, right-hand corner to look up stock information. Source link