Tag Archives: pulls

Yandex: Owner of ‘Russia’s Google’ pulls out of home country

Yandex: Owner of ‘Russia’s Google’ pulls out of home country

By Mariko Oi Business reporter 5 hours ago Image source, Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from the Russian public. Moscow has welcomed the latest deal which the company said was “the product of an extensive period of… Source link

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Yandex: Owner of ‘Russia’s Google’ pulls out of home country

Yandex: Owner of ‘Russia’s Google’ pulls out of home country

By Mariko Oi Business reporter 6 February 2024 Image source, Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from the Russian public. Moscow has welcomed the latest deal which the company said was “the product of an extensive period… Source link

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Owner of ‘Russia’s Google’ pulls out of home country

Owner of ‘Russia’s Google’ pulls out of home country

By Mariko OiBusiness reporter Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. Its Dutch-based parent company sold the operation in Russia for 475 billion roubles ($5.2bn; £4.2bn), much lower than its estimated market value. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from… Source link

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PayPal Pulls Back, Says It Won’t Fine Customers $2,500 for ‘Misinformation’ after Backlash

PayPal Pulls Back, Says It Won’t Fine Customers $2,500 for ‘Misinformation’ after Backlash

PayPal has backtracked on a published policy that would have fined users $2,500 for spreading “misinformation,” claiming the update had gone out “in error.” “An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our teams are working to correct our policy pages. We’re sorry for the confusion this has caused,” a spokesperson told National… Source link

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Google pulls the plug on Stadia • TechCrunch

Google pulls the plug on Stadia • TechCrunch

Two and a half years after unveiling Stadia on stage at GDC, the game streaming service is officially done. Subscribers will have access to the games library through January 18 of next year, after which point, it will shut down for good. Google adds in a blog post that it expects to have all refunds for subscribers issued by around that time, as well. Google had not acknowledged previous struggles with the service. In a tweet dated late-July 2022, the company noted simply, “Stadia is… Source link

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Twitter vows legal fight after Musk pulls out of $44 billion deal

Twitter vows legal fight after Musk pulls out of $44 billion deal

By Greg Roumeliotis (Reuters) – Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor https://twitter.com/btaylor/status/1545526087089696768?s=20&t=7sx_IvK_zZkztdHdh8pwQQ, said on the micro-blogging platform that the board planned to pursue legal action to enforce the merger… Source link

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