Tag Archives: country

The Dutch parent of top Russian internet search engine Yandex, often called the “Google” of Russia, has sold the business to a special-purpose Russian mutual fund at a heavily discounted $5.2 billion and is pulling out of the country completely. Yandex has no connection to Google or parent company Alphabet. File Photo by Maxim Shipenkov/EPA Feb. 6 (UPI) — The… Source link

By Mariko Oi Business reporter 5 hours ago Image source, Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from the Russian public. Moscow has welcomed the latest deal which the company said was “the product of an extensive period of… Source link

By Mariko Oi Business reporter 6 February 2024 Image source, Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from the Russian public. Moscow has welcomed the latest deal which the company said was “the product of an extensive period… Source link

By Mariko OiBusiness reporter Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. Its Dutch-based parent company sold the operation in Russia for 475 billion roubles ($5.2bn; £4.2bn), much lower than its estimated market value. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from… Source link

[unable to retrieve full-text content]Google to remove Canadian news links from searches in the country  NBC News Source link

[unable to retrieve full-text content]Crypto use in Russia rises as country faces sanctions and bank …  Protos Source link

Google has warned that growth in the use of Android in India may stall due to an antitrust order issued by the Indian antitrust watchdog last year over the U.S. company’s domination in the country. The order, which was issued by the Competition Commission of India (CCI) in September, found that Google had abused its dominant position in the market for mobile operating systems by imposing restrictive contracts on mobile manufacturers. The CCI ordered Google to… Source link

Google has warned that growth in the use of Android in India may stall due to an antitrust order issued by the Indian antitrust watchdog last year over the U.S. company’s domination in the country. The order, which was issued by the Competition Commission of India (CCI) in September, found that Google had abused its dominant position in the market for mobile operating systems by imposing restrictive contracts on mobile manufacturers. The CCI ordered Google to… Source link

Indians form the world’s largest diaspora group at around 18 million. That has led to India receiving ever-increasing remittances over the years. In 2022, the amount has already touched $100 billion, making the country the first ever to reach the figure, World Bank data (pdf) show. “Remittance flows to India were enhanced by the wage hikes and a strong labor market in the United States and other OECD countries,” a Nov. 30 World Bank release said. Read more datawrapper-chart-So8Gk Inward… 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