Russian self-driving tech company Yandex has placed its operations in the U.S. on hold. The company said Friday it has paused testing of its robotaxi fleet in Ann Arbor, Michigan, and is no longer making restaurant deliveries with its six-wheeled sidewalk Rover bots on college campuses across the country. “Our AV test fleet in Ann Arbor is grounded at the moment, but we hope to resume operations in the future,” a spokesperson told Automotive News. Yandex stopped its operations as Russia’s… Source link

Google late Thursday suspended all advertising in Russia, a move that came shortly after the country’s communications censor accused the company’s YouTube video service of spreading misinformation and stoking protests. The new mandate covers YouTube, search and display marketing in Russia, said Google, which earlier this week blocked access to Russian state-owned media outlets RT and Sputnik across Europe in compliance with a European Union sanctions order. “In light of the… Source link

Google Cloud has confirmed to CRN that the company is reorganizing to save money, eliminating and reshuffling dozens of roles in its support teams. In a statmeent to CRN, a Google Cloud spokesperson said that the reshuffling is in line with the company’s frequent evaluations for how it supports customers. “As Google Cloud grows, we frequently evaluate our approach to providing the best service and support for our customers,” according to the statement. “The changes announced… Source link

Russian self-driving tech company Yandex has placed its operations in the U.S. on hiatus. The company said Friday it has paused testing of its robotaxi fleet in Ann Arbor, Mich., and is no longer making restaurant deliveries with its six-wheeled sidewalk Rover bots on college campuses across the country. “Our AV test fleet in Ann Arbor is grounded at the moment, but we hope to resume operations in the future,” a spokesperson told Automotive News. Yandex stopped its operations as Russia’s… Source link

DHL North America plans to add hundreds of robots to its workforce. The robot, called Stretch, was developed by Boston Dynamics for warehouse operations in direct response to labor shortages and increasing logistics volume. A $15 million investment and multi-year agreement between DHL North America and Boston Dynamics will begin with roughly 30 Stretch robots. “Our strategy is to reduce our dependency on labor, which is hard to find in the market currently, and improve the type of positions… Source link

Russian cloud and search giant Yandex warned that it might default on its debt, after it was suspended from trading on New York’s stock exchange. The company avoided immediately defaulting by paying a coupon due Thursday. Its Netherlands-based division transferred $4.7 million to holders of its $1.25 billion bond due 2025. Yandex’s debt has lost more than half its value in the past week, according to Trade Reporting and Compliance Engine (TRACE) pricing. … Source link

MOSCOW, March 4 (Reuters) – Russia’s Nasdaq-listed e-commerce player Ozon (OZON.O) on Friday said that holders of its bond maturing in 2026 may be entitled to redeem the principal and interest accrued if trading remains halted until March 8, but has the cash in its accounts to pay. Trading of Ozon’s shares on Nasdaq was suspended on Feb. 28 and if suspension lasts for at least seven day, the company’s $750 million unsecured convertibles bonds due in 2026 can become subject to a “Delisting… Source link

The fine line of “unprecedented” sanctions against Russia 2:38 London (CNN Business) — Yandex, Russia’s biggest search engine, could collapse as the financial fallout from the Ukraine invasion spreads. Yandex, which controls around 60% of Russia’s Internet search traffic and operates a large trucking business, warned late on Thursday that it may be unable to pay its debts as a result of the financial market collapse triggered by the unprecedented wave of sanctions from the… Source link

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Google’s Senior Vice President Sundar Pichai gives a keynote address during the opening day of the 2015 Mobile World Congress (MWC) in Barcelona on March 2, 2015. Lluis Gene | AFP | Getty Images Google has suspended all advertising in Russia. The decision comes after Russia’s internet watchdog, Roskomnadzor, accused YouTube, a division of Google, of running large advertising campaigns to misinform Russians about the country’s invasion of Ukraine. Roskomnadzor had demanded that Google stop… Source link