Tag Archives: EST

March 7 (Reuters) – Shareholders of Dutch-registered Yandex NV approved the sale of “Russia’s Google,” the country’s most valuable technology asset, to a management-led consortium of Russian investors, the company said on Thursday. Yandex last month struck a 475-billion-rouble ($5.27 billion) deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset sales. (Reporting by Alexander Marrow and… Source link

BRUSSELS, Feb 26 (Reuters) – Alphabet’s Google Cloud on Monday ramped up its criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. Google trails a distant third behind the two leaders. … Source link