By Alasdair Pal and Mohamed Junayd MALE (Reuters) – A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union’s sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in Maldives’ waters, maritime data shows. In Italy, four days later, authorities seized another of Melnichenko’s vessels – the world’s largest sailing yacht, estimated by Italian financial police to be worth $578 million. Switching off devices that… Source link

In many respects, HP (HPQ) has earned the stamp of approval from billionaire investor Warren Buffett. Buffett’s Berkshire Hathaway revealed it owned 121 million shares of HP in a new filing Wednesday evening. The investment — valued at $4.2 billion — gives Berkshire Hathaway a roughly 11.4% stake in HP. Shares surged 11% in pre-market trading. “Berkshire Hathaway is one of the world’s most respected investors and we welcome them as an investor in HP Inc,” an HP spokesperson told Yahoo… Source link

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/ Register now for FREE unlimited access to Reuters.com Register April 7 (Reuters) – Russia’s communications watchdog said on Thursday it was taking punitive measures against Google (GOOGL.O), including a ban on advertising the platform and its information resources, for violating Russian law. Roskomnadzor accused Google’s YouTube video-sharing platform,… Source link

Food delivery, ride-hailing, and transfer apps owned by Russia’s Yandex should be removed from e-commerce platforms available in Europe, according to Lithuanian economy minister Aušrinė Armonaitė and defence minister Arvydas Anušauskas. The reason for the call is the threat to the security of users’ personal data. “Given that the threat of personal data leakage arises not only to Lithuanian citizens but also to all users of Yandex apps in Europe,” said… Source link

Floyd Mayweather is ready to get back in the ring. Mayweather will take part in an eight-round exhibition match against “Dangerous” Don Moore next month in Dubai, according to TMZ Sports. The actual fight itself is going to be held on a helicopter landing pad at the Burj Al Arab hotel. Mayweeather hasn’t stepped into a ring since he took on YouTuber Logan Paul in an exhibition last June. That fight went the distance, and no winner was called. Mayweather’s last official bout came in 2017… Source link

Even when his Los Angeles Lakers are out of the playoffs, LeBron James is still going to find ways to draw attention. This time, in a clip from his “The Shop” HBO show posted the same day as the Lakers’ elimination at the hands of the Phoenix Suns, James dropped one of his not so subtle hints about whom he would like to play with in the future. First on his list was his son Bronny (no surprise there). Next up was a player by the name of the Stephen Curry, and you can imagine what that did to a… Source link

The digital revolution has changed the world in just the last decade and a half, spawning new technologies, new ways of using technologies, and bringing old businesses into the 21st century. Nowhere is this more obvious than in the financial sector. Banking and financial services have benefited enormously from bringing tech into the mix – and their gains have given us a new word to describe it, fintech. 5-star analyst Jeff Cantwell, of Wells Fargo, lays out the upside case for fintech in no… Source link

Your article “Yandex triggers security concerns by sending app data home to Russia” (Report, March 30) raises a number of important points around data collection and storage, and user privacy. However, I would like to more fully reflect Yandex’s position. AppMetrica is a mobile app analytics solution that helps developers improve the in-app experience. It operates in the same way as international peers such as Google Firebase, Flurry by Yahoo, Adjust and AppsFlyer. In short, AppMetrica… Source link

The House of Representatives voted Wednesday evening to hold two former Trump administration officials in criminal contempt of Congress for refusing to cooperate with the select committee investigating the Jan. 6, 2021, insurrection at the U.S. Capitol The aides — former White House trade adviser Peter Navarro and former White House deputy chief of staff Dan Scavino Jr. — will now be referred to the Justice Department for possible criminal charges. If indicted, they could face up to 12… Source link

U.S. stock futures were flat ahead of overnight trading Wednesday following a hawkish readout of minutes from the Federal Reserve’s last policy-setting meeting that hinted officials were poised to intervene more aggressively to curb inflation, sending the major indexes tumbling in the earlier session. Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite hugged the flatline in extended trading after a two-day losing streak for the benchmarks. The tech-heavy Nasdaq,… Source link