Ukraine crisis: How Yandex suppresses information for Russian internet users — Report – FactCheckHub

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 Monday, April 11, 2022 Today’s newsletter is by Brian Sozzi an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. By sometime next year, the U.S. economy may be limping around like Tiger Woods this past weekend at the Masters (sorry Tiger, I had to go there — I was rooting for you to win though). And… Source link

It took Arkady Volozh 20 years to build Yandex into Russia’s Google, Uber, Spotify and Amazon combined, says Wired – and just 20 days for “everything to crumble”. The country’s preeminent tech giant has been so stricken by the Ukraine war that there are doubts about its survival – at least in its current form. Western sanctions have led to Yandex’s shares being frozen on US stock exchanges, which in turn has led shareholders to seek repayment on convertible note guarantees,… Source link

ERRThe ruling means Yandex NV is barred from providing ride hailing and intermediary services in Estonia, including making these indirectly available. Taxi drivers and taxi firms may not now use the Yandex tax app (Yandex Pro) to fulfill orders. Internet Service Providers are also forbidden from carrying Yandex Pro and Yandex Go, while app stores in Estonia – Google Play, Apple’s App Store etc. – are ordered to bar downloading the Yandex app via their store, and must not provide updates to… Source link

(Bloomberg) — China’s factory gate prices rose more than expected in March as oil prices climbed, while disruptions from Covid lockdowns drove up food costs, threatening the inflation outlook in the world’s second-largest economy. Most Read from Bloomberg The producer price index gained 8.3% from a year earlier, official data showed Monday, down from 8.8% in February and above the median estimate of an 8.1% increase in a Bloomberg survey of economists. Consumer-price growth accelerated to… Source link

(Bloomberg) — Stocks and U.S. equity futures fell along with Treasuries Monday amid heightened worries about inflation risks and tightening financial conditions. A gauge of the dollar climbed. Most Read from Bloomberg An Asia-Pacific equity index shed more than 1%, dropping to the lowest since mid-March. China and Hong Kong struggled, with tech shares skidding on new guidelines from Beijing aimed at curbing data monopolies at internet platforms. U.S. and European futures also declined,… Source link

The one good thing about a market downturn? You get lots of opportunities to load up on shares at a discount entry point. And who doesn’t like a discount? With the way the markets have performed so far this year, there are stocks in every segment which could potentially offer plenty of rewards. CNBC’s Jim Cramer thinks there are several names in the retail sector which look particularly enticing right now, ones for which the term “beaten-down” readily applies. Some rallied nicely… Source link

With the 2021-22 NBA season about to end mercifully for the Los Angeles Lakers, it seems like the firing of head coach Frank Vogel is imminent. On the surface, it would seem like a rash decision to get rid of him when many others share the blame for L.A.’s disastrous season, and especially when one remembers that he coached the team to the world championship literally just 18 months ago. But in reality, Vogel had reportedly lost his connection with his players. During a season in which the… Source link

There are few sights in hockey more heartwarming than interactions between fans and players during pre-game warmups. Young fans line up against the glass, hoping to catch the attention of their heroes for a chance at a wave, a gifted puck or even a selfie. However good-natured and touching these exchanges are, they can sometimes take an unexpected turn for the worse. A young Montreal Canadiens fan wasn’t allowed to stay and watch Saturday’s game against the Maple Leafs, but it was probably… Source link

(Bloomberg) — Most Read from Bloomberg Emmanuel Macron’s bigger-than-expected lead in the first round of French presidential elections brought immediate relief to markets worried over a victory for his nationalist rival Marine Le Pen. The euro rose in Asian trading as foreign-exchange markets opened for the week, after early estimates showed Macron had a vote share of almost 29%. That was good news for investors, who had feared a closer contest and a support surge for his rival. Euro Stoxx… Source link