Tag Archives: founder

[unable to retrieve full-text content]Yandex founder slams Russia’s ‘barbaric’ war in Ukraine  BBC Source link

A founder of Russia’s largest technology company condemned his country’s war in Ukraine on Thursday, a rare step among Russian tycoons caught between fear of Western sanctions and retribution at home. “Russia’s invasion of Ukraine is barbaric, and I am categorically against it,” Arkady Volozh, who until last year ran Yandex, often referred to as Russia’s Google, said in a statement. “I have to take my share of responsibility for the country’s actions,” he said, without… Source link

Russian technology entrepreneur and Yandex founder Arkady Volozh has finally, formally informed staff that he’s left the company completely. In a message posted today on an internal company portal, he announced his departure and thanked long-time colleagues for helping to build “the best technology company in the country,” according to The Bell. “All these 30 years, we’ve been doing this together,” Volozh wrote. “From nothing, amid global competition, we endeavored to operate… Source link

Bahamian authorities arrested former FTX founder and CEO Sam Bankman-Fried Monday evening. The development comes the day before Bankman-Fried had agreed to testify before the U.S. House Financial Services Committee regarding the collapse of his Nassau-based exchange. According to a statement shared by the Bahamian Office of the Attorney General & Ministry of Legal Affairs, the Royal Bahamas Police detained Bankman-Fried following receipt of formal notification from the United States it has… Source link

Elizabeth Holmes, founder and CEO of the collapsed Silicon Valley blood testing company, Theranos, has been sentenced to 11.25 years in prison plus three years supervised release for financial crimes she committed while running the once-high flying venture. Holmes was also fined a $400 million special assessment. Holmes must surrender to custody on April 27, 2023. Holmes is expected to appeal. The judge presiding over Holmes’ trial and sentencing said the landmark case, one of the most… Source link

Elizabeth Holmes, one of Silicon Valley’s most celebrated and vilified startup founders, is scheduled to appear in court in San Jose on Friday for a sentencing hearing where she’s expected to learn whether she’ll go to prison for defrauding investors out of hundreds of millions of dollars. Holmes, who was found guilty in January of three counts of wire fraud and one count of conspiracy related to her now-defunct blood-testing venture Theranos, faces up to 20 years in prison, up to $1… Source link

A group of squatters have taken up residence in a house in Amsterdam that belongs to Yandex founder Arkady Volozh, they told the publishing network IndyMedia. The house’s new inhabitants said that they chose it intentionally, because despite the sanctions imposed against Volozh, the Dutch authorities have not seized his property. “It’s obvious that limiting [the rights of] Russian billionaires and oligarchs is not a priority for the Dutch authorities,” said the squatters. According to… Source link

Convicted Silicon Valley entrepreneur Elizabeth Holmes is scheduled to make part of a last ditch effort for a new trial on Monday during a hearing in the San Jose federal district court where a jury in January convicted her of criminal fraud. Criminal defense lawyers who talked with Yahoo Finance say Holmes’ chance of securing a redo are slim— especially in the wake of a court document filed Wednesday by Dr. Adam Rosendorff the former laboratory director of her defunct blood-testing startup… Source link

Some seven years after selling his previous company to Google, Jacob Bank is preparing to launch his next project, this time with a focus on automating mundane, repetitive tasks. Bank was previously cofounder and CEO at Timeful, a smart scheduling app that helped users make better use of their time through automatically prioritizing their various commitments. After selling up to Google in 2015, Bank joined Google’s ranks and set about integrating core Timeful technology into Gmail and… Source link

The District of Columbia is suing MicroStrategy (MSTR) founder and Executive Chairman Michael Saylor for allegedly never paying any income taxes in the district in the more than 10 years he has lived there, Attorney General Karl A. Racine announced in a tweet on Wednesday. In addition, Racine tweeted that his office is suing MicroStrategy “for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living” in Washington. In a follow-up Source link