The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry. As followed by bne IntelliNews, the EU leaders have agreed in principle to cut 90% of Russian oil imports… Source link
Read More »bne IntelliNews – Oil embargo, SWIFT, Yandex CEO and National Depository part of EU’s sixth sanction package
The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry. As followed by bne IntelliNews, the EU leaders have agreed in principle to cut 90% of Russian oil imports… Source link
Read More »Yandex CEO resigns after being targeted by EU sanctions
(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 Ukraine on Feb…. Source link
Read More »bne IntelliNews – Oil embargo, SWIFT, Yandex CEO and National Depository part of EU’s sixth sanction package
The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry. As followed by bne IntelliNews, the EU leaders have agreed in principle to cut 90% of Russian oil imports… Source link
Read More »Google CEO Sundar Pichai on the Pixel Watch and the unlikely return of Google Glass
“I worry less about whether we have done something early or not,” says Pichai. “You know, the Newton came well before the iPad. Just because something was done a long time ago, ideas can be ahead of their time.” If you were to find a modern parallel for Google Glass, which was unveiled in 2013 amidst a wave of sartorial and privacy-related scepticism before being quietly shelved two years later, it probably would be Apple’s short-lived personal digital assistant (PDA). Newton’s… Source link
Read More »Social media CEO hopes to ‘remove any temptation for bad behavior’ from its platform
A new platform being beta-tested hopes to re-introduce an element of what many social media companies have seemingly lost sight of amid industry controversies — maintaining a sense of community. “A big differentiator for us is creating a space where people feel like they don’t have to perform,” Somewhere Good Founder and CEO Naj Austin said on Yahoo Finance Live (video above). “There are no likes. There are no followers. There are no algorithms tracking you. We’ve removed any temptation for… Source link
Read More »‘The value of education has to be redefined’: Chegg CEO
Higher education has taken a beating over the last two years of the coronavirus pandemic, including a decline in student enrollment and concerns over college affordability. As a result, it’s forced the industry to rethink what it contributes to the younger generation, according to the CEO of a major education company. “The value of education has to be redefined,” Chegg (CHGG) CEO Dan Rosensweig told Yahoo Finance at the World Economic Forum (WEF) in Davos, Switzerland. “What’s the cost?… Source link
Read More »Why so many Americans are struggling with their mental health: Headspace CEO
It’s no secret that the last few years have had a devastating effect on Americans’ mental health. The coronavirus pandemic was the trigger, but it’s not the only factor at play. Stock market volatility has affected finances, millions of Americans lost their jobs over the past two years, and global conflict like the Russia-Ukraine war has only added to the pressure. It’s why Headspace Health CEO Russell Glass is encouraging everyone to consider meditation. “We think about meditation… Source link
Read More »Snapchat CEO Evan Spiegel surprises Los Angeles graduates by paying off over $10 million in student loan debt
The 285 graduates of the Otis College of Art and Design in Los Angeles received an extra special graduation gift Sunday when Evan Spiegel, Snap CEO and co-founder, and his wife Miranda Kerr, founder of beauty brand KORA Organics, announced they will pay off all of the Class of 2022’s student loan debt through a donation to the school. While the amount of Spiegel and Kerr’s donation was not disclosed, the college said it’s the largest single gift it has ever received, surpassing the previous… Source link
Read More »Terra collapse could ‘accelerate’ crypto regulation by legislators: Circle CEO
TerraUSD (UST-USD), which was the third-largest stablecoin in the cryptocurrency market just a couple weeks ago, has since unpegged from the U.S. dollar and collapsed along with its reserve asset Luna (LUNA1-USD). According to Circle CEO Jeremy Allaire, such a crypto collapse could spur legislators to take quicker action towards regulating the digital asset space. “When you have a major blowup, it’s certainly going to accelerate the need for Congress to act and establish some perimeters… Source link
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