Russia’s Yandex and TCS terminate $5.48 billion Tinkoff talks

TipRanks 3 ‘Strong Buy’ Stocks With at Least 6% Dividend Yield There’s so much going on in the markets, that it’s hard to know where to start and what to look for. On the red side of the ledger, it’s clear that the headwinds are gathering. House Democrats are still rejecting the $1.8 trillion coronavirus aid and stimulus package put forth by the White House, saying that President Trump’s proposal does not go far enough. The House Dems are pushing their own $2.2 trillion stimulus…. Source link

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Google expands S.F. office despite shift to working from home during pandemic

Despite closed offices and a hiring slowdown during the coronavirus pandemic, Google is still growing in San Francisco. It’s a small addition, picking up what would have been enough space for 300 employees in the days before social distancing protocols. But the Mountain View search giant’s move to expand its real estate holdings, already among the biggest in the Bay Area, comes as other tech companies … Source link

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Review: Chromecast with Google TV grows up, adds killer voice search

When Google first started selling its Chromecast device for streaming video on your TV, it was inexpensive and simple. Maybe a little too simple. Like other streaming devices, it plugged into an HDMI port on a TV. But this odd-looking dongle – which always reminded me of a flattened marshmallow – was missing something. It lacked an onscreen interface, instead relying on your smartphone to “cast” a video… Source link

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Yandex is no longer buying Tinkoff Bank. The $5.4-billion mega deal collapsed due to a lack of ‘synergy.’ – Meduza

TCS Group announced on Friday that the sale of Tinkoff Bank to the tech giant Yandex has collapsed and the deal is now “terminated.” “Following further discussions, including with Tinkoff’s controlling shareholder, the parties have agreed not to proceed with the potential transaction,” the company said, offering no further explanation. In a separate press release, Yandex confirmed that it is no longer buying Tinkoff Bank, saying that it failed to finalize terms with the bank’s main… Source link

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Google is making US voting locations easier to find via search and its Assistant

Google is adding new election features to its voice assistant, Google Search, and Google Maps, to make it easier for US citizens to find voting locations ahead of the election next month. In Google Search, queries like “early voting locations” and “ballot drop boxes near me” will give details about where you can vote in person or return mail-in ballots, while asking the Google Assistant where to vote will “soon” provide relevant information on your phone, speaker, or smart… Source link

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Tinkoff Scraps $5.5Bln Deal With Yandex, Shares Plunge

The proposed megamerger between Russia’s leading technology company Yandex and fast-growing challenger bank Tinkoff has been scrapped after the bank’s billionaire founder Oleg Tinkov walked away from the negotiations. In an announcement to the London Stock Exchange — where Tinkoff’s holding company TCS is listed — the bank said negotiations between the two sides had been “terminated, effective immediately.” Yandex and Tinkoff previously… Source link

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Yandex and Tinkoff Group cancels merger plans (NASDAQ:YNDX)

Yandex N.V. (NASDAQ:YNDX) has not been able to agree definitive transaction terms with the core shareholders of Tinkoff, and therefore, the parties have agreed to terminate discussions regarding an offer for 100% of the share capital of Tinkoff. Shares down -2.5% premarket. Press release Previously: Yandex +3.7% on reported $5.5B deal for Tinkoff bank (Sept. 22) Source link

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Yandex and TCS Group terminate discussions on acquisition – Business & Economy

MOSCOW, October 16. /TASS/. The deal on the purchase of TCS Group – the parent company of Tinkoff Bank – by Russian Internet giant Yandex will not happen, since the parties could not come to an agreement, according to the Group’s statement said on the London Stock Exchange. “Following further discussions, including with Tinkoff’s controlling shareholder, the parties have agreed not to proceed with the Potential Transaction. Negotiations between the parties with respect to the Potential… Source link

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Gerrard backs international football despite spike of Covid cases

Rangers manager Steven Gerrard remains supportive of playing international football despite a huge rise in players who will be unavailable for their clubs this weekend after contracting Covid-19 on international duty. Gerrard’s men travel to Celtic for the first Old Firm derby of the season on Saturday, but their cross-city rivals could be without four key players due to coronavirus restrictions. Odsonne Edouard, Nir Bitton and Hatem ElHamed all tested positive when away with their national… Source link

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