Tag Archives: company

In a year of rampant inflation—not seen since the early 1980s—Costco (COST) was a warm hug to millions of loyal members by keeping prices for everything from food to gasoline as low as possible, just as rivals were aggressively jacking up prices. It also provided a warm hug to its fans on Wall Street, producing stellar results from sizable same-store sales increases to its stock price, which got the best of the S&P 500 (^GSPC) index. Not to mention its sales of $222.7 billion in the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

Google announced today that it has licensed its AI research model for breast cancer screening to medical technology company iCAD. This is the first time Google is licensing the technology, with the hopes that it will eventually lead to more accurate breast cancer detection and risk assessment. The two companies aim to eventually deploy the technology in real-world clinical settings — targeting a “2024 release,” Google communications manager Nicole Linton told The Verge in an email…. Source link

Yandex, often referred to as Russia’s Google, is the country’s most prominent Internet company and now wants to move out of the country because of the ongoing Ukrainian invasion. Russia has recently targeted Ukraine’s infrastructure through air strikes, continuing the damage caused to the country and Yandex NV – the parent company – wants to exit Russia because it believes “the Ukraine war could negatively impact its business.” Yandex is widely popular for its search… Source link

With the ongoing war with Ukraine, Russia’s biggest tech company wants to move out of the country. Russia has recently targeted basic infrastructures in Ukraine through a wave of air strikes, causing severe damage in the country.  Often referred to as “Russia’s Google,” Yandex is Russia’s most prominent internet company, widely popular for its search browser and ride-hailing apps. Its Dutch-based parent company, Yandex N.V., now wants out of Russia because of the potential negative impact… Source link

Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Yandex NV said it had started a “strategic process to review options to restructure the group’s ownership and governance in light of the current geopolitical environment“. “As part of the intended restructuring of the group, the board anticipates that Yandex NV will in due… Source link

The Dutch parent company of Yandex, dubbed Russia’s Google, wants to cut ties from its Russian unit to protect new ventures in artificial intelligence and autonomous driving, The New York Times reported. The move would mean selling off its popular internet browser, food delivery and ride hailing apps, the report said. But such a sale and transferring the other technology out of Russia would… Source link