Tag Archives: RPTUPDATE

RPT-UPDATE 6-Google loses bid to block Indian Android antitrust ruling in major setback

RPT-UPDATE 6-Google loses bid to block Indian Android antitrust ruling in major setback

(Repeats JAN. 19 story. No change to text.) * India’s top court refuses to block Android antitrust ruling * Google may need to review Android business model in India * Court extends implementation date of Indian order by a week * Google has said India order could stall Android growth By Arpan Chaturvedi, Aditya Kalra and Munsif Vengattil NEW DELHI, Jan 20 (Reuters) – Google on Thursday lost its fight in India’s Supreme Court to block an antitrust order, in a major setback that will force the U.S. tech… Source link

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RPT-UPDATE 1-Russia’s Yandex upgrades FY revenue outlook, shares climb

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

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RPT-UPDATE 1-Russia’s Yandex upgrades FY revenue outlook, shares climb

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

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