Tag Archives: million

File Photo: The logo of the Russian internet group Yandex was taken on October 4, 2018 at the company’s headquarters in Moscow, Russia. REUTERS / Shamil Zhumatov / File Photo September 24, 2021 Moscow (Reuters) -Russian internet company Yandex plans to launch a cloud business in Germany in 2022 with an initial investment of $ 30 million announced prior to Friday’s annual Yandex.Scale cloud conference. .. Yandex.Cloud revenue is expected to double to around 3 billion rubles in 2021, but… Source link

MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in 2018, it remains one of Yandex’s smaller business lines. Group revenue for 2021 is seen at between 330 and 340 billion roubles. “This is a very important step…. Source link

Target (TGT) has devised a novel way to partially get around the looming (and likely severe) retail worker shortage for this year’s all-important holiday shopping season.  Invest even more in the retailer’s current workforce. Target said Thursday it will hire fewer workers this holiday season. But, it will provide 5 million more hours to its existing workforce at a total cost of $75 million. The company said it would have store leaders “check in” with existing workers to understand their… Source link

Three Black-owned Birmingham-based businesses were among 50 nationwide chosen to receive $100,000 from the Google for Startups Black Founders Fund. Healthtech firm Acclinate, networking app Mixtroz and healthcare monitor SynsorMed were chosen along with firms from 15 states to receive the money. Google for Startups works to connect tech companies with Google’s products and mentoring, with a commitment to creating diverse startup communities. Jewel Burks Solomon, head of Google for Startups… Source link

In India, a team of antitrust researchers accused the company of abusing its dominance in the mobile phone operating system market, leading to a formal investigation by the nation’s competition commission. The case hinged, in large part, on certain legal agreements that Google required manufacturers to sign before they could install widely used apps like Google Maps, Gmail and YouTube, according to a case file dated April 2019. Source link

Google has been fined 207.4 billion won (around $177 million) in South Korea for abusing its dominant market position to stop device manufacturers from using modified versions of Android, Bloomberg reports. Specifically, the Korea Fair Trade Commission (KFTC) is taking issue with the anti-fragmentation agreements (AFA) Google has manufacturers like Samsung sign, which prevents it from making changes to the operating system. The ruling prohibits Google from forcing manufacturers to sign… Source link

David Gray | Bloomberg | Getty Images South Korea’s competition regulator on Tuesday announced it will fine Google 207.4 billion Korean won ($176.9 million) for allegedly using its dominant market position in the mobile operating system space to stifle competition. Google’s Android operating system currently holds the lion’s share of the smartphone market, ahead of Apple’s iOS platform. The U.S. tech giant allegedly used its market position to block smartphone makers like Samsung from using… Source link

Russian internet giant Yandex has been the target of a record-breaking distributed denial-of-service (DDoS) attack by a new botnet called Mēris. The botnet is believed to have pummeled the company’s web infrastructure with millions of HTTP requests, before hitting a peak of 21.8 million requests per second (RPS), dwarfing a recent botnet-powered attack that came to light last month, bombarding an unnamed Cloudflare customer in the financial industry with 17.2 million RPS. Russian DDoS… Source link

Amazon and Microsoft have taken on much of the same work Google was scheduled to do for the DOD in providing analysis tools for aerial footage, contract records show. (Photo by Ethan Miller/Getty Images) Getty Images After Google decided to quit working on Project Maven in 2018 thanks to staff protests, rivals Amazon and Microsoft quietly took on Department of Defense contracts worth $50 million to help the military identify objects from drone and other aerial footage,… Source link

The Education Department (ED) is discharging $1.1 billion for 115,000 defrauded former students of the for-profit ITT Technical Institute (ITT) after a new review of existing regulations. ITT Technical Institute filed for bankruptcy in 2016 and shut down all campuses, affecting 149 locations and roughly 40,000 students, amid lawsuits and investigations over alleged predatory lending practices. “For years, ITT hid its true financial state from borrowers while luring many of them into taking… Source link