Tag Archives: company

Russia’s Yandex says it has no plans to split up the company | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County … Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register April 26 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday said it has no plans to split the company up, responding to a media report that had said it was looking to divide into a Russian and international division. The Meduza media outlet on Tuesday reported, citing… Source link

Yichuan Cao/NurPhoto via Getty Images Twitter officials are expected to meet Sunday to re-examine Musk’s offer to buy the company, WSJ reported. The company last week filed a shareholder rights plan or “poison pill” to prevent a hostile takeover by Musk. The Tesla CEO confirmed $46.5 billion in financing from banks and other entities in a regulatory filing earlier this week. Twitter is reportedly reconsidering Elon Musk’s bid to purchase the social platform, The Wall Street Journal… Source link

Jamie Dimon, Chair and CEO of JPMorgan ChaseJ. Lawler Duggan/For The Washington Post via Getty Images JPMorgan has asked hybrid employees to come into the office at least 3 days a week. The bank is tracking ID swipes to monitor staffers’ office attendance. One executive described there being a “fear of God” and “panic” over the attendance quotas. JPMorgan has started tracking staffers’ office attendance, and employees say it’s creating an atmosphere of mistrust and panic. Insider reported… Source link

Twitter cofounder and short-time board member Jack Dorsey called out his social media platform’s board on Saturday, saying “it’s consistently been the dysfunction of the company.” “If [sic] look into the history of [the] Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish if [sic] it could be made into a Hollywood thriller one day,” one user tweeted. “It’s consistently been the… Source link

E-commerce platform Etsy (ETSY) is bracing for impact as more than 12,000 sellers go on “strike.” Sellers are placing their shops on “vacation mode” for up to an entire week to protest new company policies that go into effect today, including an increase in transaction fees from 5% to 6.5%. Etsy strike organizer Kristi Cassidy told Yahoo Finance Live that sellers are “fed up” and hope to gain Etsy’s attention from the movement, which started on Reddit. Demands include cancelling the fee… Source link

Newly-formed streaming giant Warner Bros. Discovery (WBD) officially began trading on the Nasdaq (^IXIC) on Monday, opening at $24.08 a share in its first day as a publicly-traded entity. Ahead of the company’s Wall Street debut, Evercore ISI Group upgraded the stock from In-line to Outperform, announcing a $40 price target. The $43 billion merger, which closed on Friday, solidifies Discovery CEO David Zaslav’s position as the company’s new chief. WarnerMedia CEO Jason Kilar departed upon the… Source link

Elon MuskHANNIBAL HANSCHKE /Getty Images Twitter plans to host an internal AMA with board member Elon Musk, according to The Washington Post. Some employees were anxious about Musk’s role, according to company messages viewed by The Post. One staffer asked if board members were held to the same tweeting standards as employees. A Twitter employee said on the company’s Slack channel that staff would be the subject of an HR investigation if they tweeted like Tesla founder Elon Musk, who now owns 9%… Source link

Urian B., Tech Times 29 March 2022, 09:03 am A Russian multi-billion dollar company, Yandex, laid off about two dozen US-based workers. The company reportedly had a small autonomous vehicle fleet in Ann Arbor, Michigan. It said that the state suspended their vehicle licenses, but Michigan denied… Source link

Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends. “Nvidia may be the most technology company today,” said Evercore ISI analyst C.J. Muse in a new note on Monday. The analyst reiterated an Outperform rating on Nvidia with a $375 price target. Shares of Nvidia rose slightly in afternoon trading Monday to $277. Muse’s upbeat take on Nvidia comes hot on the heels of the company’s closely watched analyst day, where it held nearly 1,000 sessions that included more… Source link