A Russian tech giant mostly owned by western investors is helping websites pushing false claims about the war in Ukraine to make thousands of dollars every day through digital advertising. Yandex is considered Russia’s equivalent to Google, running both a search engine and an extensive digital advertising business. Its deputy CEO, Tigran Khudaverdyan, resigned this month after the European Union imposed sanctions on him. The Bureau for Investigative Journalism has discovered… Source link
Read More »Google in talks to buy cybersecurity firm Mandiant – The Information
A view of a sign above the entrance of the Google office, ahead of presentation of the detailed investment plan for Germany, in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse Register now for FREE unlimited access to Reuters.com Register March 7 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is in talks to buy cybersecurity firm Mandiant (MNDT.O), the Information reported on Monday, citing a person with knowledge of the discussion. Mandiant’s shares closed up 16% on the Nasdaq after the… Source link
Read More »Sanctioned Russian billionaire banker Mikhail Fridman was locked out of the private-equity firm he cofounded and staff were told to ignore him, report says
Russian banker Mikhail Fridman has a net worth of $10 billion.AP/Alexander Zemlianichenko Russian banker Mikhail Fridman stepped down from the board of the investment firm he cofounded. Fridman was barred from entering LetterOne’s offices and speaking to employees, per the FT. The billionaire is among oligarchs sanctioned by the EU in response to Russia’s invasion of Ukraine. Russian billionaire and banker, Mikhail Fridman, was locked out of the investment firm he cofounded after he was hit by… Source link
Read More »Former Yandex News Director Urges Employees to Quit Russian Tech Firm
The former head of news at Yandex, a Russian search engine giant, urged his former coworkers to quit. Lev Gershenzon wrote on Facebook that Yandex is hiding info about Russia’s invasion of Ukraine. He urged former coworkers to “stop being accomplices to a terrible crime.” … Source link
Read More »Crypto firm BlockFi settles with SEC, states for $100M over interest, lending accounts
The Securities and Exchange Commission on Monday settled charges with BlockFi Lending over its failure to register its cryptocurrency interest account, bringing the largest ever penalty against a crypto firm. The SEC found BlockFi violated three areas of federal securities laws – including selling unregistered securities, operating as an unregistered investment company and making “material false and misleading statements” on its website that the loans were over collateralized. “This is… Source link
Read More »Media mogul Byron Allen’s firm inks multi-year cloud deal with Google
Byron Allen, Founder, Chairman and CEO of Entertainment Studios and Allen Media Group, speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S., October 19, 2021. REUTERS/David Swanson Register now for FREE unlimited access to Reuters.com Register Jan 18 (Reuters) – Media entrepreneur Byron Allen’s Allen Media Group (AMG) struck a multi-year deal with Google Cloud on Tuesday, through which the Alphabet Inc-owned (GOOGL.O) company will provide cloud services to… Source link
Read More »Ad-Tech Company Smartly.io to Buy Google-Focused Firm for Over $100 Million
Advertising technology provider Smartly.io Solutions Oy said it is buying Ad-Lib.io, a company that offers creative tools for various Google platforms, for more than $100 million, as it seeks to widen its offerings beyond social media. Newsletter… Source link
Read More »Yahoo is latest foreign tech firm to leave China |
...WINTER WEATHER ADVISORY REMAINS IN EFFECT UNTIL 11 AM EDT WEDNESDAY... * WHAT...Lake effect snow expected. Total snow accumulations of 1 to 2 inches in most valley locations with up to 3 inches across the higher terrain. * WHERE...Warren and McKean Counties. Highest amounts near and to the north of Route 6. * WHEN...Overnight to 11 AM EDT Wednesday. * IMPACTS...Plan on slippery road conditions. The hazardous conditions could impact the Wednesday morning... Source link
Read More »SAM ALERT – Nationally Ranked Shareholder Rights Firm Labaton Sucharow is Investigating The Boston Beer Company, Inc. (NYSE:SAM) for Potential Securities Violations and Breach of Fiduciary Duty
NEW YORK, NY / ACCESSWIRE / October 13, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against The Boston Beer Company, Inc. (“Boston Beer” or the “Company”) (NYSE:SAM). On September 8, 2021, after the market closed, Boston Beer announced that it was withdrawing its 2021 financial guidance issued on July 22, 2021 as a result of a decrease in demand for its hard seltzer… Source link
Read More »Yandex N : Russian car-sharing firm Delimobil files for U.S. IPO
Oct 8 (Reuters) – Car-sharing company Delimobil Holding S.A. on Friday filed for an IPO in the United States, and revealed that its revenue more than doubled in the first half of this year, as the company becomes the latest in a slew of Russian firms targeting market debuts. Russian IPO activity, hit by the pandemic, is picking up pace as the global economy improves and concerns over fresh Western sanctions fade. The Moscow Exchange expects to hold 10 share listings by the end… Source link
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