Tag Archives: parent

Google parent files redacted motion to dismiss U.S. federal antitrust lawsuit

Google parent files redacted motion to dismiss U.S. federal antitrust lawsuit

WASHINGTON, Jan 11 (Reuters) – Google parent Alphabet (GOOGL.O) filed on Wednesday a redacted version of its motion to dismiss a U.S. government lawsuit against it, which argued that the company broke antitrust law to maintain its monopoly in search and search advertising. The filings on Wednesday show that the company is mounting a vigorous defense against the antitrust cases, which, if successful, could force the tech giant to spin off assets. In December, Google asked Judge Amit Mehta of… Source link

Read More »

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

Read More »

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

Read More »

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

Read More »

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

bne IntelliNews – Yandex Board gathers in Istanbul after parent company announces intention to exit Russia

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

Read More »

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Natalya Maisheva/iStock Editorial via Getty Images The parent firm of Russian technology company Yandex (NASDAQ:YNDX) said on Friday that it would look to restructure the group’s ownership and governance, citing the “current geopolitical environment” amid the country’s war with Ukraine. In a statement, Yandex N.V. (YNDX) said that a special committee had been tasked with exploring a wide range of potential scenarios, including developing international divisions of certain services, such… Source link

Read More »

Yandex parent company to review ownership of Russian internet giant

Yandex parent company to review ownership of Russian internet giant

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. Yandex NV 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 board anticipates that Yandex NV will in due… Source link

Read More »

Yandex parent to review ownership of Russian tech giant, seek divestment

Yandex parent to review ownership of Russian tech giant, seek divestment

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Nov 25 (Reuters) – Russian internet giant Yandex’s (YNDX.O) 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. Yandex N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light… Source link

Read More »

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Natalya Maisheva/iStock Editorial via Getty Images The parent firm of Russian technology company Yandex (NASDAQ:YNDX) said on Friday that it would look to restructure the group’s ownership and governance, citing the “current geopolitical environment” amid the country’s war with Ukraine. In a statement, Yandex N.V. (YNDX) said that a special committee had been tasked with exploring a wide range of potential scenarios, including developing international divisions of certain services, such… Source link

Read More »