Tag Archives: reaches

Yandex Reaches $5 Billion Deal to Exit Russia

Yandex Reaches $5 Billion Deal to Exit Russia

The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion, which would be one of the largest corporate exits from Russia since its invasion of Ukraine. The invasion had roiled Yandex — often referred to as “Russia’s Google” — and turned its attempts to navigate between the Kremlin’s authoritarian policies and a Western blockade of the Russian economy into the most dramatic example of the… Source link

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Texas reaches settlement with radio stations over deceptive Google Pixel ads

Texas reaches settlement with radio stations over deceptive Google Pixel ads

Texas has reached a settlement with radio giant iHeartMedia over thousands of deceptive ads it aired promoting the Google Pixel 4 smartphone. The San Antonio-based radio station owner agreed to pay $65,000 in civil penalties and attorney fees, the Texas Attorney General’s Office announced Monday. The settlement comes one month after iHeartMedia and Google reached an agreement with the Federal Trade Commission, Texas and several other states to pay $9.4 million in penalties. Federal and state… Source link

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Albert Pujols reaches MLB’s exclusive 700-homer club with 2-HR game vs. Dodgers

Albert Pujols reaches MLB’s exclusive 700-homer club with 2-HR game vs. Dodgers

Albert Pujols became a legend in a St. Louis Cardinals uniform. He rejuvenated his career at Dodger Stadium last season. On Friday, he made history in both. The Cardinals first baseman hit one home run, then another against the Los Angeles Dodgers to join MLB’s exclusive 700-homer club. He joins the rarified air of Barry Bonds, Hank Aaron and Babe Ruth. Pujols, who took fourth position on the MLB homer list when he passed Alex Rodriguez’s 696 earlier this month, is also the first player born… Source link

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Yandex Reaches ‘Binding’ Deal to Divest News Service, Homepage to VK

Yandex Reaches ‘Binding’ Deal to Divest News Service, Homepage to VK

Russian tech giant Yandex said Tuesday it has reached a “binding” deal to sell its news platform and homepage to rival VK as war-related sanctions fuel uncertainty over the Russian tech industry’s future. VK said it exited its joint venture with top lender Sberbank to pave the way for the deal with Yandex, once considered the jewel of Russia’s rising IT scene. Yandex said it is pursuing a “strategic exit from its media businesses” with the sale of… Source link

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