Tag Archives: compromise

By Alexander Marrow, Darya Korsunskaya and Polina Devitt LONDON (Reuters) – Before Moscow’s invasion of Ukraine two years ago, Russia’s Nasdaq-listed search engine giant Yandex was briefly worth $30 billion. This week, a consortium of domestic investors agreed a deal to buy it for $5.2 billion. In normal times, that would represent a disaster for Dutch parent company Yandex NV and its Western shareholders. But in a world where Western firms have left Russia in droves, sometimes for a nominal… Source link

Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is getting along better with Google, just by a little bit. On Friday, Match withdrew its request for a temporary restraining order against the company, which it accuses of wielding unfair monopoly power in its mobile app marketplace. Match filed an antitrust lawsuit against the search giant earlier this month over the company’s restrictions on Android in-app payments, which drive app users toward remaining in… Source link

Bloomberg Owl Rock, Dyal Create Asset Behemoth With SPAC Merger (Bloomberg) — Investing giants Owl Rock Capital and Dyal Capital Partners completed their merger after clearing legal hurdles, with stock of the newly combined behemoth initially jumping as much as 11% on its first day.Now known as Blue Owl Capital Inc., the company counted $52.5 billion in assets under management as of March 31, and 91% of the sum is permanent capital, according to a Thursday statement.Blue Owl is the… Source link

TipRanks The 5G Revolution Could Send These 3 Stocks Higher 5G is here. The new networks are online and expanding, and customers – individual consumers, institutional users, and industrial applications – are starting to take advantage of the new technology. The advantages of 5G are already well-known: faster connections, more efficient upload and download capability, lower latency, greater security. 5G tech is essential for developing the full potential of autonomous vehicles and IoT… Source link