Tag Archives: report

Yahoo execs want to build a retail trading platform in an effort to bolster growth, Axios reported. Yahoo reported $7.1 billion in full year revenues in 2020. Yahoo is mulling plans to launch a stock trading platform to bolster growth, mounting an effort to become the Bloomberg for retail investors, Axios reported Tuesday. Yahoo, which was acquired by private-equity giant Apollo Global Management, has a slew of initiatives in mind to expand its commerce and transactions businesses. (Apollo… Source link

Yandex N.V. YNDX, often described as “Russia’s Google,” sought Vladimir Putin’s permission to sell its operations in the country, spin off its main international projects and appoint a longtime confidant of the Russian president to manage its relationship with the Kremlin. Yandex informally enlisted top economic official Alexei Kudrin to win the Russian president’s approval, in principle, for the restructuring plan, Financial Times reports. The changes would lead to… Source link

Yandex N.V. (NASDAQ: YNDX), often described as “Russia’s Google,” sought Vladimir Putin’s permission to sell its operations in the country, spin off its main international projects and appoint a longtime confidant of the Russian president to manage its relationship with the Kremlin. Yandex informally enlisted top economic official Alexei Kudrin to win the Russian president’s approval, in principle, for the restructuring plan, Financial Times reports. The changes would lead to… Source link

Global Semantic Knowledge Graphing Market 2022 – 2029 Reports provide an overview of the current situation of the Industry Manufacturer with relevant statistics, definitions, SWOT analyses, value chain analysis, opinions from industry professionals, and the latest developments worldwide. A compilation of in-depth research studies on many aspects of the Semantic Knowledge Graphing market makes up the report. Industry participants can make significant modifications to their strategies or… Source link

Amazon (AMZN) is preparing to lay off roughly 10,000 employees as soon as this week, The New York Times reported on Monday, citing unnamed sources familiar with the matter. The layoffs come as the tech industry continues to struggle amid a slowing economy, rising interest rates, and stubborn inflation. Facebook parent Meta and Twitter also laid off thousands of employees this month. The layoffs will impact Amazon’s Alexa business, as well as the company’s retail and human resources… Source link

Sam Bankman-Fried.Craig Barritt/Getty Images for CARE For Special Children Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research earlier this year, sources told Reuters. The money included customer funds as well as those backed by FTX’s native token FTT and shares in Robinhood.  The Wall Street Journal reported FTX lent more than half of its $16 billion in customer funds to Alameda in total. Sam Bankman-Fried transferred at least $4 billion from FTX to Alameda… Source link

What had been feared for Brittney Griner has come to pass far sooner than expected. The process has begun for the WNBA All-Star to be transferred to a Russian penal colony, her legal team in Russia announced Wednesday in Moscow, a move her camp has dreaded since her August conviction on drug charges. A long-shot appeal for Griner was denied on Oct. 25, opening the possibility she would be moved from her previous jail in Moscow to the significantly harsher conditions of a penal colony, where… Source link

Etsy (ETSY) stock popped 9% in after-hours trading on Wednesday after the e-commerce company reported third-quarter revenue that beat analysts’ expectations. Here are the key figures compared to Wall Street’s expectations, compiled from Bloomberg: Revenue: $594.5 million actual versus $563.6 million expected Gross Merchandise Sales: $3 billion actual versus $2.92 billion expected Loss Per Share: -$7.62 actual versus 76 cents expected Active Buyers: 94 million actual versus 95.5 million… Source link

Plenty of questions were raised when the San Antonio Spurs waived last year’s 12th overall pick Joshua Primo out of the blue on Friday. An answer arrived one day later. Primo was released over multiple alleged instances of him exposing himself to women, according to ESPN. The ESPN report light on details of the allegations against Primo, merely noting the sudden decision to cut him loose reflected the severity of the issues with the 19-year-old wing. Shams Charania of The Athletic later… Source link

Meta (META) is gearing up to report its third-quarter earnings after the closing bell on Wednesday. Here’s what Wall Street’s expecting from Facebook’s parent company, as compiled by Bloomberg: Revenue: $27.4 billion expected Earnings Per Share (EPS): $1.88 expected Facebook Daily Active Users (DAUs): 1.86 billion expected The digital advertising slowdown had been top-of-mind for Meta and Big Tech overall heading into this week’s earnings. On Tuesday, Google parent Alphabet (GOOG, GOOGL) reported… Source link