Tag Archives: giant

By Alexander Marrow, Darya Korsunskaya and Polina Devitt MOSCOW -Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Since Russia launched what it calls a “special military operation” in Ukraine in late February, Nasdaq-listed Yandex, often referred to as “Russia’s Google”, has grappled with domestic pressure on… Source link

Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. From a report: Yandex N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light of the current geopolitical environment.” “As part of the intended restructuring of the group, the… Source link

Cars driving through Kyiv on Wednesday after Russian missile strikes on energy facilities across Ukraine.Credit…Brendan Hoffman for The New York Times KYIV, Ukraine — Utility crews worked through the dark night in snow and freezing rain to stabilize Ukraine’s battered energy grid on Thursday after another destructive wave of Russian missile strikes, restoring essential services like running water and heat in many parts of the country even as millions remained without power. Ukrainians… Source link

Alexei Kudrin, a longtime ally of President Vladimir Putin, is expected to assume a leadership position in the restructuring of Russian tech giant Yandex, state media reported on Friday. Yandex is awaiting Putin’s blessing to sell its main operations in Russia and appoint Kudrin to its new structure, several reports indicated earlier this week. Yandex’s main products include its popular internet browser, as well as food delivery and taxi-hailing… Source link

[unable to retrieve full-text content]Yandex parent to review ownership of Russian tech giant, seek …  Reuters Source link

Warner Bros. Discovery’s (WBD) stock sank another 14% in mid-afternoon trading on Friday after the company reported third quarter earnings results that missed expectations across the board. “It’s a legacy company of yesteryear that is trying to be a future company of tomorrow,” Julia Alexander, director of strategy at Parrot Analytics, told Yahoo Finance Live (video above). Alexander added that the media giant “is a three-prong company dealing with three different issues,” which she describes… Source link

In response to the invasion of Ukraine in February, major food and beverage companies such as Heineken and Starbucks (SBUX) have cut all ties with Russia. But at least one major snack company continues to do business in the country. On a recent episode of “Influencers with Andy Serwer,” Mondelez International CEO Dirk Van de Put said that the company retains 3,000 employees in Russia and works with 30,000 suppliers there. “We found that it would be a bit of a harsh decision to leave all… Source link

Not everyone on Wall Street is on board for the bullish ride Netflix (NFLX) stock has been on in recent months. Shares of the streaming beast are up 18% in the past three months, blowing away the Nasdaq Composite’s 9% drop amid optimism surrounding Netflix’s upcoming ad-tier service. Analyst Doug Anmuth estimated in a new note this week that Netflix could drive 7.5 million subscribers to its ad-supported tier in its US and Canada segment in 2023, which could drive $600 million in advertising… Source link

The updates should also be welcome for users: On the whole, website ads are more annoying to US internet users than ads on social media or TV/streaming. The problem is more pronounced on mobile: 42% of worldwide mobile users say there’s too much advertising and it can be obtrusive, including 36% of US users. The big takeaway: Just as a grocery wouldn’t reward a supplier who keeps supplying expired products, so too Google is taking steps to disincentivize website owners that supply the… Source link

The iPhone 14 Pro is here, and it’s one of Apple’s most significant upgrades in years. We’re used to seeing better camera and screen technology in Apple’s “Pro” lineup, but this time around it’s a dramatic departure from the standard iPhone 14. For one, Apple has done away with the notch, which first arrived with the iPhone X way back in 2017. Instead, there’s a large cutout Apple is calling the “Dynamic Island,” which can expand via software to include notifications and other app… Source link