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Arkady Volozh, CEO and co-founder of Russian tech giant Yandex, stepped down on Friday. His resignation came after the EU imposed sanctions on him. Volozh is the fourth member of Yandex’s board to step down so far this year. … Source link

Yandex Board of Directors’ Statement on Arkady Volozh Designation Moscow–Amsterdam, June 6, 2022— Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses, today releases a statement of its Board of Directors regarding the recent designation of Arkady Volozh. “We were extremely disappointed to learn that our Founder and CEO, Arkady Volozh, was sanctioned by the EU. We believe this decision to be wholly unjust and based on an inaccurate… Source link

Yandex’s CEO Arkady Volozh (left) speaking to Russian President Vladimir Putin (right) in 2017.Mikhail Svetlov/Getty Arkady Volozh, CEO and co-founder of Russian tech giant Yandex, stepped down on Friday. His resignation came after the EU imposed sanctions on him. Volozh is the fourth member of Yandex’s board to step down so far this year. Arkady Volozh, cofounder of Russian tech giant Yandex, has resigned as CEO and executive director of the company after the EU sanctioned him personally. The… Source link

This is also not the first time Google has shut down an office in Moscow. In 2014, it moved its engineers out of the city to protest new data protection rules. But in recent years, the stakes have become higher. In September 2021, Russian authorities visited the home of one of Google’s top executives, telling her to delete an app linked to activist Alexei Navalny from the Google Play Store or face prison. When Google put the executive up in a hotel under a different name, the same agents… Source link

(Bloomberg) — Stock splits were all the rage early this year as indexes hovered near record highs, with companies from Amazon.com Inc. to Alphabet Inc. announcing them to make their share prices more alluring to individual investors. A few months on, the market has taken care of the problem. Most Read from Bloomberg Amazon, whose 20-for-1 split took effect Monday, is among companies whose stocks have tumbled since the moves were announced amid a broad market selloff that’s been especially… Source link

The demand-side platforms of two ad-tech vendors, Yahoo and Amobee, have removed Google Open Bidding as a path of supply for their clients, sources tell Adweek, a decision that industry experts attribute to efforts toward supply-chain optimization and a growing movement to curb the influence of Google. Source link

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, June 6, 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. “It’s a very challenging time right now with inflation,” U.S. Labor Secretary Marty Walsh told Yahoo Finance Live on Friday (video above). Indeed, and the reality is nasty inflation is here… Source link

The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. Charles Platiau | Reuters An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory” videos drove him out of politics. The Federal Court found the Alphabet company intentionally made money by hosting two videos on its YouTube… Source link

Live-streaming e-commerce star Li Jiaqi touted a tank-shaped ice cream in an online sales pitch, a day before the anniversary of the Tiananmen Square Massacre.AP, Getty Images A Chinese influencer may have unwittingly introduced his fans to the 1989 Tiananmen Square Massacre. Li Jiaqi touted a tank-shaped ice cream online, a day before the event’s 33rd anniversary. Almost immediately, Li’s show was taken off-air, sparking a wave of curiosity from his fans. One of China’s biggest influencers may… Source link

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