Tag Archives: Reuters

© Reuters. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov (Reuters) -Russian internet giant Yandex (NASDAQ:) said on Friday that Arkady Volozh had stepped down as CEO and left the board of directors after the European Union included him on its latest list of sanctions against Russian entities and individuals. Volozh, who co-founded the Yandex search engine in 1997, was put… Source link

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Source link

Reuters Standard Chartered sees bitcoin hitting $100,000 by early next year A new cryptocurrency research team at Standard Chartered has predicted bitcoin will double in value and hit $100,000 by early next year and that it could be worth as much as $175,000 longer-term. The bank also said it “structurally” valued Ethereum, the second-most traded crypto asset, at $26,000-$35,000 although to reach that level bitcoin would have to be near $175,000. “As a medium of exchange, bitcoin may become… Source link

What happened: A new report indicates Amazon.com Inc. (NASDAQ: AMZN) needs to invest billions of dollars into the expansion of its warehouse and delivery system to keep up with consumer demand. Reuters reports the online retailer is running out of space and available labor. Amazon has almost doubled its network of warehouses in an 18 month period, although more investments are being planned. Why it’s important: Amazon is “running out of labor,” according to Andrea Leigh, vice president… Source link

Bloomberg ARKK Copycat Is Beating Cathie Wood’s Original by 10-Fold (Bloomberg) — A tiny ETF tracking innovative companies is quietly outpacing one of the most famous investments on Wall Street.The Direxion Moonshot Innovators ETF (MOON) has risen 39% this year, compared to ARK Innovation ETF’s 3.5% gain, according to data compiled by Bloomberg.Cathie Wood’s flagship fund, known by its ticker ARKK, became one of the top-performing exchange-traded funds in the past year thanks to big… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

[unable to retrieve full-text content]BRIEF-Cohen’s Point72 Raises $1.5 Bln After Melvin Infusion – Yahoo Finance Journalist  Reuters Source link

(Reuters) – Alphabet Inc’s Google said on Tuesday it will add App Store privacy labels to applications using the iOS operating system from Apple Inc as soon as this week or by next week. The new policy requires developers to disclose how data is collected from App Store users and used to track them, a Google spokeswoman said, confirming an earlier report from TechCrunch. Last month, Apple began the rollout of… Source link

Alphabet‘s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and in at least three cases requested authors refrain from casting its technology in a negative light, according to internal communications and interviews with researchers involved in the work. Google’s new review procedure asks that researchers consult with legal, policy and public relations teams before pursuing topics such as face and sentiment analysis and… Source link

Reuters: Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash … Source link