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Arkady Volozh, Yandex’s CEO and executive director, resigned from his position, the company announced today. The European Union imposed sanctions on Volozh personally. Yandex has not been sanctioned by the EU, U.S., or UK. Volozh had a 45.3% voting and 8.6% economic interest in Yandex. Why we care. Yandex is generally regarded as Russia’s Google, even though Yandex pre-dates Google (Yandex launched in 1997). Yandex’s share of the Russian search market is estimated to be at 48%, behind… Source link

We’re just over 12 weeks away from Week 0 of the college football season on Aug. 27. While we still have almost an entire summer to get through before our Saturdays return to being filled with college football, BetMGM has already posted its season win totals and conference odds for the upcoming season. Right off the bat, you’ll notice that the highest projected win total for any team this season is just 10.5 wins. This is in stark contrast to last season, when Alabama, Ohio State, Clemson… Source link

Future NFL Hall of Famer Tom Brady has faced plenty of talented defensive backs over his career. Brady faced Charles Woodson, Rod Woodson and Aeneas Williams and a number of other standout players. Of all those big names, there’s one defensive back that really made an impact on Brady. That would be Baltimore Ravens safety Ed Reed, who Brady named as the toughest defensive back he faced during his career. Brady revealed that tidbit during The Match on Wednesday. Brady and Green Bay Packers… Source link

Tech’s view on the global economy can be summed up in an email Elon Musk sent Thursday: “super bad feeling.” This week, Musk announced Tesla (TSLA) will be laying off 10% of its staff. Amid this downbeat outlook for economic growth, prospects for workers dimmed in some pockets of the business world. Musk’s comments follow JPMorgan (JPM) CEO Jamie Dimon’s pronouncement earlier this week that a “hurricane” is bearing down on the U.S. economy. But in the view of one economist, this growing… Source link

SAN FRANCISCO — The Golden State Warriors had just tacked on a blistering 38 points in the third frame of Game 1 of the NBA Finals against the Boston Celtics on Thursday evening. For a Celtics squad that prides itself on the defensive end, it was a punch to the gut. The Warriors were up a comfortable 12. The crowd was deafening inside Chase Center, with two fans strolling through the 126-section concourse shouting, “We’re about to be up 2-0 after Sunday.” Sensing the contest slipping… Source link

The billionaire founder and CEO of Russian tech giant Yandex has resigned from the company after being targeted by European sanctions in response to Moscow’s invasion of Ukraine.  The European Union included Arkady Volozh in its latest package of sanctions on Russia on Friday, citing his company’s role in “promoting state media and narratives in its search results” and removing “content related to Russia’s war of aggression against Ukraine.” Volozh, 58, will resign from… Source link

The billionaire founder and CEO of Russian tech giant Yandex has resigned from the company after being targeted by European sanctions in response to Moscow’s invasion of Ukraine.  The European Union included Arkady Volozh in its latest package of sanctions on Russia on Friday, citing his company’s role in “promoting state media and narratives in its search results” and removing “content related to Russia’s war of aggression against Ukraine.” Volozh, 58, will resign from… Source link

The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls a “special military operation” in Ukraine, including an import ban on all Russian seaborne crude oil and petroleum products in six to eight months. The rouble firmed despite the negative… Source link

(Adds detail, market reaction) June 3 (Reuters) – Russian internet giant Yandex said on Friday that Arkady Volozh had stepped down as CEO and left the board of directors after the European Union included him on its latest list of sanctions against Russian entities and individuals. Volozh, who co-founded the Yandex search engine in 1997, was put under EU sanctions on Friday after the bloc accused him of “materially or financially” supporting Russia, which sent tens of thousands of troops into… Source link

(Adds detail, updates prices) June 3 (Reuters) – The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls a “special military operation” in Ukraine, including an import ban on all Russian seaborne crude oil and petroleum products in six to eight months. The rouble firmed despite… Source link