Tag Archives: plan

By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion), Yandex said, up from 315-330 billion roubles previously. Second-quarter revenue jumped 70% year-on-year to 81.4 billion… Source link

(Bloomberg) — Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon.com Inc.’s potential involvement in the cryptocurrency sector. The largest crypto rose as much as 15% to $39,681 before paring some of the climb to trade at about $38,600 as of 7 a.m. in London. Other virtual coins also rallied, including second-ranked Ether. “The extent of the jump was probably driven by over-leveraged… Source link

Google software engineers reported something in a recent survey that surprised higher-ups: they felt as productive working from home as they did before the pandemic. Internal research at the Alphabet Inc. unit also showed that employees want more “collaboration and social connections” at work, according to Brian Welle, a human resources vice president. Welle declined to provide exact figures but said “more than 75%” of surveyed employees answered this way. Most staff also… Source link

When the monthly Child Tax Credit payments start this week, the Meyette family of Fontana, California, will see their household income increase by 25% — a much-needed boost at this time. Erica Meyette recently underwent surgery and her husband Jonathan, who is the sole breadwinner, missed two weeks of work to care for her. The $600 the family will get for their two daughters will go to expenses, savings, and any medical debt they incur. “So $600 a month is an increase of big proportions… Source link

Just days from now, Biden is set to gamble a proposed $2.5 trillion on a new plan, in hopes of bringing America’s foundation into the next generation. It’s coming in the form of the biggest infrastructure project since the highway system was built in the 1970s. But with today’s massive infrastructure bill, most people might be missing the real story. That’s because typical “infrastructure” pieces like roads, highways, and bridges don’t even make up the biggest part of the bill. Instead,… Source link

Yandex Self-Driving Group, a unit of Russian tech company Yandex, has partnered with Grubhub to bring robotic delivery to American college campuses. Yandex hopes to reach over 250 campuses over the course of the multiyear partnership, starting with dozens of robots in the fall, reported TechCrunch (July 6). YANDEX’S DEVELOPMENT In September 2020, Yandex’s self-driving unit spun out from a joint venture with Uber. As part of the spin-out, Yandex invested $150 million… Source link

The Telegraph Billionaire behind world’s biggest crypto exchange faces reckoning The first time Changpeng Zhao left China, he was just 12 years old. His father, an academic who had been forced out of university during Mao’s Cultural Revolution, had fled to Canada when Zhao was six, and it took until 1989 for the rest of his family to follow. Almost three decades later, Zhao was forced out a second time. A Beijing crackdown on cryptocurrencies meant his fledgling start-up, Binance, left… Source link

Stephen Shankland/CNET Google has delayed a major privacy change to its Chrome browser, pushing… Source link

RALEIGH – North Carolina is among a group of states planning to file an antitrust suit against Google over its Play Store app store practices, sources say. Reuters broke the story late Tuesday. The suit is likely to be similar to an antitrust suit filed by Cary-based Epic Games against tech giant Apple over procedures and requirements at its App Store, Reuters noted. The Google action is expected to be filed as soon as next week in a federal court in norhtern… Source link

The logo of Google Chrome shown on a smartphone. Thomas Trutschel | Photothek via Getty Images LONDON — Britain’s competition regulator will have a say in Google’s plan to remove third-party browser cookies that track people online. The Competition and Markets Authority said Friday that it had secured commitments from Google to address concerns about the proposal. The CMA is worried that the plans will harm newspapers and other businesses that rely on personalized ads. Web cookies are small… Source link