Tag Archives: founders

Russia Revises Yandex Partition Terms Over Founder’s Anti-War Stance – Reports

Russia Revises Yandex Partition Terms Over Founder’s Anti-War Stance – Reports

The Russian government has lowered the payout offered in the restructuring of tech giant Yandex following anti-war statements made by the company’s co-founder, Russian media reported Friday.  Sanctions over Russia’s war in Ukraine have forced Yandex, once the crown jewel of Russia’s tech sector, to split into two new companies, with one overseeing its operations in Russia and a second Amsterdam-based firm that will focus on new technologies for the international market. The… Source link

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Activists Occupy Yandex Founder’s $3.4M Amsterdam Home – Reports

Activists Occupy Yandex Founder’s $3.4M Amsterdam Home – Reports

A group of activists has occupied the multimillion-dollar Amsterdam home of the EU-sanctioned Russian tech tycoon Arkady Volozh, Dutch media reported Monday. Volozh, 58, is the co-founder and former CEO of tech giant Yandex, Russia’s equivalent of Google. He stepped down in June after the European Union sanctioned him in its response to Moscow’s invasion of Ukraine. The Dutch daily NRC and weekly De Groene Amsterdammer reported in early October that Volozh was the owner of a… Source link

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Google removes The OG App from the Play Store as founders think about next steps • TechCrunch

Google removes The OG App from the Play Store as founders think about next steps • TechCrunch

Almost a week after Apple removed The OG App from the App Store, an Instagram client that promised to provide an ad-free and suggestion-free feed, Google followed the suit and booted the app off the Play Store. In a Twitter thread, co-founders of Un1feed, the company that published The OG App, said that the startup won’t be able to serve its users following the app’s removal from both iOS and Android’s app stores. The app makers said in a brief period the app… Source link

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Stacey Abrams on two major barriers for diverse founders

Every year critics decry the lack of Black executives atop companies on the Fortune 500 list. As of now, only four Black CEOs lead companies on the list, two of whom are women. But less attention gets paid to the dearth of non-white leaders at the tens of millions of small businesses nationwide. Georgia gubernatorial candidate Stacey Abrams, a prominent Democrat and entrepreneur, in a new interview detailed the barriers that prevent women and people of color from launching and sustaining… Source link

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Here’s How Warren Buffett Convinced Google’s Reluctant Founders to Go Public

Imagine a world in which  Google is a smaller private company, not the global behemoth Alphabet is today. Surprisingly, it almost happened. Google co-founders Sergey Brin and Larry Page were hesitant to go public because they feared that sharing control of the company with shareholders would force them to do things they didn’t want to do. A chance meeting with Warren Buffett changed their minds. Buffett explained the two-tier stock structure that he used to retain control over Berkshire… Source link

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Ford founder’s great-grandson spends more than $20 million in new stock purchases

Someone with a famous last name and a whole lot of pull inside of Ford (F) is sending a message to the market: The bull run in the automaker’s stock may just be beginning.  Rather under the radar this week, Bill Ford — great-grandson of Ford founder Henry Ford and its current executive chairman — opted to exercise nearly 2 million in stock options awarded to him as part of his executive pay package. Total cost: $20.5 million. A large portion of the options were reportedly set to expire… Source link

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These Philly healthtech startups nabbed spots in a new Google for Startups-backed accelerator for disabled founders

As of this week, DC-based entrepreneurship nonprofit 2Gether-International has officially launched its first-ever tech-focused cohort for disabled founders, including two from Philly. Through the 10-week accelerator program, which kicked off earlier this month, participants will be coached on startup best practices, including customer development, product marketing and leadership. They’ll also have access to mentors from Google for Startups. Plus, each startup will be competing in December… Source link

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