Since Russia invaded Ukraine on February 24, sports federations and leagues have played a major role condemning Russia’s actions. Russian athletes are currently barred by most Olympic sport federations, FIFA kicked Russian clubs and national teams out of international competitions, and leagues around the world have issued statements of support and organized fundraising efforts for Ukraine. But the Premier Hockey Federation (PHF), a women’s professional hockey league in North America… Source link
Read More »Is Yandex, Russia’s Marquee Tech Company, In Trouble? One Former Board Member Says Yes.
It’s Russia’s Google, a multibillion-dollar, homegrown technology company that dominates the country’s e-commerce, offering everything from search engine results and food delivery to car sharing and an online marketplace. Yandex is a bellwether for Russia’s high-tech economy in the 21st century. Now, with Russia bombarding Ukraine and the West pounding Russia with crippling sanctions, the company’s future is in doubt. On March 7, Yandex announced the resignation of two board members,… Source link
Read More »Black women allege Google’s ‘racist culture’ in lawsuit against the company
Google fosters a work environment that marginalizes Black employees, denies people of color advancement opportunities and ignores sexual harassment claims, among other indiscretions, according to plaintiffs in a class-action lawsuit filed against the company in California this week. At a press conference in San Francisco on Monday, attorney Ben Crump and two former employees of the search engine behemoth detailed what they called a “racist culture” at the enterprise headquartered in… Source link
Read More »Is Russia’s Largest Tech Company Too Big to Fail?
Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist in his eighties who had “discovered” oil in Israel, Volozh said—as we chatted about my upcoming trip to… Source link
Read More »Is Russia’s Largest Tech Company Too Big to Fail?
Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist in his eighties who had “discovered” oil in Israel, Volozh said—as we chatted about my upcoming trip to… Source link
Read More »Is Yandex, Russia’s Largest Tech Company, Too Big to Fail?
Editors’ Note: Arkady Volozh resigned as Yandex’s CEO on June 3, 2022, after the European Union sanctioned him. Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist… Source link
Read More »Is Yandex, Russia’s Largest Tech Company, Too Big to Fail?
Editors’ Note: Arkady Volozh resigned as Yandex’s CEO on June 3, 2022, after the European Union sanctioned him. Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist… Source link
Read More »Yandex deputy CEO resigns after being sanctioned, company considers selling assets to VK – DatacenterDynamics
Russian search engine and cloud computing company Yandex confirmed that its sanctioned deputy CEO has resigned. Tigran Khudaverdyan was sanctioned by the European Union this week, meaning he can no longer work at the Netherlands-registered company. The EU said that Khudaveryan attended a meeting of oligarchs at the Kremlin the week of the invasion of Ukraine. “We were… Source link
Read More »EU sanctions Rostelecom president, Yandex deputy CEO, and VK Company CEO – DatacenterDynamics
The European Union has sanctioned Rostelecom president Mikhail Oseevsky, Yandex deputy CEO Tigran Khudaverdyan, and VK Company CEO Vladimir Kiriyenko due to Russia’s invasion of Ukraine. The sanctions restrict the individuals from traveling to the EU or doing business with companies that operate there. The EU said that it enacted the sanctions due to “a blatant violation… Source link
Read More »‘Putin’s price hike’ and oil company inaction are driving costs higher, WH economist says
As oil prices continue to spike, the White House and the oil industry have been engaged in tit-for-tat all week about whether more can be done to ramp up domestic energy supplies. The industry and many of its largely Republican allies in Washington have criticized the White House over what they say are onerous regulations, a slow permitting process, and President Biden’s revocation of the Keystone XL pipeline permit. In response, the White House said that the pipeline would still be under… Source link
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