Tag Archives: giant

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo MOSCOW, July 28 (Reuters) – Russian internet giant Yandex (YNDX.O) on Wednesday reported a 34% rise in second-quarter adjusted net income compared with a year ago and raised its 2021 group revenue forecast to between 330 and 340 billion roubles ($4.49-$4.63 billion). Yandex, which is spending $400-500 million on an e-commerce drive this year… Source link

Student borrowers with certain types of private loans inched closer to being able to discharge that debt in bankruptcy after a New York court ruling. On Thursday, the U.S. Court of Appeals for the Second Circuit sided with student debtor Hilal Homaidan against student loan giant Navient (NAVI), which had argued that private student loans could not be erased under the existing bankruptcy laws. A three-judge panel determined that certain private student loans can be discharged in certain cases… Source link

What do you want to watch? Well, if the answer is a foreign-language film or TV show, and there’s no translated version available, you might be out of luck. Now one of Russia’s biggest tech firms is working on a solution. In a statement released last week, digital services giant Yandex revealed it has been working on a software prototype that would allow users to watch videos in their browser in another language. The program is capable of simultaneously translating the… Source link

The state of Ohio filed suit against Google on Tuesday, claiming the tech giant should be regulated as a public utility due to its “discriminatory and anti-competitive” practices. The civil action, filed by Ohio Attorney General Dave Yost in Delaware County Common Pleas Court, does not seek monetary damages, but instead asks for Google to be declared a “common carrier” that could come under oversight from a body such as the state’s Public Utilities Commission. “Google uses its dominance of… Source link

Pic: KupiVIP Russian internet-giant Yandex has announced that it is acquiring the online fashion retailer KupiVIP for integrating it in Yandex.Market, a platform for displaying products by retail and online stores. The acquisition is expected to help Yandex accelerate its entry into the apparel and footwear market. The deal will be completed in Q3 2021. The acquisition is subject to regulatory approvals and the terms have not been disclosed. This year, Yandex plans to spend… Source link

Yandex.Market is one of Russia’s leading e-commerce platform players. Shutterstock Yandex not only has a widespread technology portfolio that has led it being called “Russia’s Google”, the company’s Yandex.Market also makes it one of Russia’s main e-commerce platform players. It has now taken aim at the fashion retail sector by acquiring online fashion destination, KupiVIP,… Source link

Red Robin CEO Paul Murphy is banking on the labor shortage plaguing his chain — along with most in the fast food industry — ending well before year end.  “We see it [labor shortage] being under control and stabilized by early summer,” Murphy said on Yahoo Finance Live.  Red Robin Gourmet Burgers (RRGB) has had to reduce hours at some locations because of the inability to find new workers in an economy roaring back from the COVID-19 pandemic. In turn, that has weighed on sales for Red… Source link

The king of oat milk Oatly (OTLY) has big plans on how it will spend the $1.43 billion or so it raised from a well-received IPO on Thursday.  Investors should expect an ambitious plan to expand manufacturing capacity to meet strong demand for Oatly oat milk, long-time CEO Toni Petersson said on Yahoo Finance Live.  “It’s to build supply, to build out our production capacity across the three continents,” Petersson said, referring to the use of its new capital infusion. Petersson — who has… Source link

(Bloomberg) — The billionaire founder of KE Holdings Inc. has died of an unspecified illness, a shocking development for a Chinese property company that pulled off one of the strongest U.S. market debuts of 2020. Zuo Hui, who turned the company known as Beike from a nationwide chain of real estate offices into China’s largest platform for housing transactions and services, died May 20 after an “unexpected worsening of illness,” his company said in a statement without elaborating. KE… Source link

There’s little telling how messy the situation will get between Roku and Google as it pertains to YouTube TV, but the tech behemoth is certainly trying its best to work around the current impasse between the two. It’s been a week since users have been unable to download YouTube TV on Roku devices, while YouTube has still been available. More:Roku: Google yanks YouTube TV live TV streaming service from platform Google makes changes to YouTube app for Roku devices In a way to appease current… Source link