Tag Archives: giant

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

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

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

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. — Reuters pic Tuesday, 23 Aug 2022 11:24 PM MYT MOSCOW, Aug 23 — Russian IT giant Yandex announced today the sale of its media assets to state-affiliated rival VK, the owner of Russia’s largest social network. The transaction is the latest sign of increasing government control over internet platforms available to a Russian audience, as Moscow continues the… Source link

Australia’s highest court has ruled Google is not a publisher of the websites it links to in search results, finding search engine hyperlinks do not amount to publication. A majority of high court justices on Wednesday found Google was not the publisher of a defamatory article by the Age about a Victorian lawyer, as it was a search engine that only provided hyperlinks to such content. “In reality, a hyperlink is merely a tool which enables a person to navigate to another webpage,” a… Source link

Disney (DIS) is set to report its fiscal third quarter earnings on Wednesday after the bell as the company works to provide more clarity on its direct-to-consumer strategy while also battling macroeconomic headwinds. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $21 billion expected Adj. earnings per share (EPS): $0.96 expected Disney+ subscriber net additions: 10 million expected Parks, experience and consumer products: $1.78 billion expected Although… Source link