Yandex News

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Calvey, the founder of Russia-focused private equity group Baring Vostok, was detained along with other executives in early 2019 on charges of embezzlement linked to mid-sized lender Vostochny. He and the executives deny the charges. “The court, unfortunately, didn’t or couldn’t understand substance of the case with no victim, no damage and no beneficiary,” Calvey told reporters outside the court after the more than 12-hour-long sitting was over. Calvey will not… Source link

Calvey, the founder of Russia-focused private equity group Baring Vostok, was detained along with other executives in early 2019 on charges of embezzlement linked to mid-sized lender Vostochny. He and the executives deny the charges. “The court, unfortunately, didn’t or couldn’t understand substance of the case with no victim, no damage and no beneficiary,” Calvey told reporters outside the court after the more than 12-hour-long sitting was over. Calvey will not… Source link

Google’s Privacy Sandbox aims to create a framework for advertising across the open web that respects the users’ privacy while enabling marketers to continue to provide ad-funded access to digital properties. Criteo participated in Google’s first Origin Trial of its Federated Learning of Cohorts (FLoC), part of Chrome’s Privacy Sandbox … Source link

Express grocery delivery is the buzzword in European retail at the moment, and few operators have set the bar as high as Russia’s Yandex.Lavka, which promises deliveries within 10 to 15 minutes. This article first appeared in ESM July/August 2021. As the old Andy Warhol quote goes, “In the future, everybody will be famous for 15 minutes.” What the late pop artist might not have also realised is that the same time period could soon be sufficient to place, and receive, a basket of… Source link

The big shareholder groups in Yandex N.V. (NASDAQ:YNDX) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented. With a market capitalization of US$24b, Yandex is rather… Source link

InCountry, the world’s first global data residency-as-a-service platform, together with Yandex.Cloud, the largest domestic cloud provider in the Russian Federation, today announced an official partnership to help international businesses better distribute and localize data in the Russian Federation. One of the primary obstacles for businesses looking to expand into the Russian market is compliance with the country’s data regulations, primarily Federal laws No. 152-FZ and 242-FZ. As… Source link

When we think of search engines, some of the first services that come to mind are likely Google Search and Bing. Then, there are alternative entities like DuckDuckGo and Qwant that prioritize user data and privacy when delivering results. One major search engine that doesn’t receive as much North American attention is Yandex, a Russian-owned engine that is merely one piece of a massive technology conglomerate. The Yandex search engine was launched in 1997 by Arkady Volozh, Arkady… Source link

Yandex N.V. YNDX reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%. Further, the figure declined 50% sequentially and 55.6% year over year. Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strength across the company’s online advertising… Source link

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%. Further, the figure declined 50% sequentially and 55.6% year over year. Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link