Tag Archives: Deal

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MOSCOW (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link

Employees move boxes at a logistics centre of the Yandex.Market e-commerce platform in Moscow, Russia June 21, 2021. REUTERS/Evgenia Novozhenina/Files MOSCOW, July 9 (Reuters) – Russian tech giant Yandex (YNDX.O) said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will… Source link

MOSCOW, July 9 (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link

By Gertrude Chavez-Dreyfuss (Reuters) – Cryptocurrency company Bullish announced on Friday it had agreed to go public on the New York Stock Exchange through a merger with Far Peak Acquisition, a special purpose acquisition company (SPAC), in a $9 billion deal. Bullish, a unit of blockchain software company Block.one, plans to launch a regulated crypto exchange later this year. The company is backed by billionaire entrepreneur Peter Thiel’s Thiel Capital and Founders Fund, British hedge fund… Source link

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri July 7 (Reuters) – Earth data and analytics company Planet Labs Inc, which is backed by Alphabet Inc’s (GOOGL.O) Google, will go public through a merger with a blank-check company in a deal valued at $2.8 billion, the companies said on Wednesday. Planet Labs will merge with dMY Technology Group Inc IV (DMYQ.N) and list on the New York Stock Exchange. The company, which… Source link

Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google recently partnered with Ericsson (NASDAQ:ERIC) to develop new 5G and edge cloud solutions for telecom companies and enterprise customers. Google already provides cloud services to Ericsson, one of the world’s top telecommunications equipment providers, but the new partnership will expand that relationship with the co-development of new services at Ericsson’s D-15 Labs in Silicon Valley, as well as a pilot… Source link

Russian search platform Yandex has signed up for wind power at its Mäntsälä data center in Finland. The company has signed a five-year power purchase agreement (PPA) with Finland’s Ilmatar Energy for energy from wind farms. From January 1, 2022, it will provide enough energy to power the Mäntsälä data center. The agreement is the headline news from the company’s first Sustainability Report, published this week. … Source link

IBM has inked hybrid cloud deals with global telecommunication giants Verizon (VZ) and Spain’s Telefonica (TEF), as the company that created the personal computer aims to build out 5G and edge networks. The deal builds on existing partnerships IBM (IBM) has with the two telecom operators. No financial terms were disclosed. In an exclusive interview with Yahoo Finance Live, Howard Boville, IBM’s Senior Vice President of Hybrid Cloud Platform, said this is an “existential moment for telco… Source link

A deal between enterprise payments giant NCR and digital asset management firm NYDIG could see 650 US banks offer bitcoin purchases to an estimated 24 million customers. For example, community banks like North Carolina-based First Citizens Bank will be able to offer their clients cryptocurrency trading. Additionally, customers of credit unions such as Bay Federal Credit Union in California can also use mobile applications built by the payment’s provider. National Cash Register Atlanta-based… Source link