Urian B., Tech Times 29 March 2022, 09:03 am A Russian multi-billion dollar company, Yandex, laid off about two dozen US-based workers. The company reportedly had a small autonomous vehicle fleet in Ann Arbor, Michigan. It said that the state suspended their vehicle licenses, but Michigan denied… Source link
Read More »Russian tech giant’s data harvesting raises security concerns
Russia’s biggest internet company has embedded code into apps found on mobile devices that allows information about millions of users to be sent to servers located in its home country. The revelation relates to software created by Yandex that permits developers to create apps for devices running Apple’s iOS and Google’s Android, systems that run the vast majority of the world’s smartphones. Yandex collects user data harvested from mobiles, before sending the information to… Source link
Read More »Russian Tech Giant Yandex’s Boardroom Is Fractured by Ukraine War
The 10 people who convened in Moscow in mid-February came from multiple countries and professions but they had one thing in common: They were all directors on the board of Yandex, Russia’s largest internet company. Russia had not yet invaded Ukraine, and though much of the world was on edge, people in Moscow and on the board of Yandex were incredulous that war was coming. Yandex’s board meeting in the Russian capital, the first in-person meeting in two years,… Source link
Read More »Russian oligarchs’ ‘seized’ assets are in legal limbo in the US
The possessions of Russian oligarchs — yachts, planes, homes, cars, and cash — subject to “seizure” under White House sanctions, are in a state of legal limbo that requires U.S. people, and not the U.S. government, to temporarily manage them. “The burden, effectively, is sitting with the person who’s holding that blocked property,” Dave Johnson, a sanctions law expert and partner with Vinson & Elkins, told Yahoo Finance. “To set it aside, and then deal with it in a way that’s… Source link
Read More »There’s a conspicuous Russian oligarch still missing from the U.S. sanctions list
The White House on Thursday announced a new wave of sanctions on over 400 Russian elites, including 328 members of Russia’s parliament, the Duma. But one figure remains conspicuously absent: Roman Abramovich. European and Canadian authorities have already sanctioned the billionaire, widely known for owning the Chelsea soccer club. But so far the U.S. has not followed suit, even as Abramovich holds a range of U.S. assets that could be seized — including a $50 million estate near Aspen and Source link
Read More »Russian regulator blocks Google over “inauthentic” info on war | Technology
Ban comes after Google said it would not help platforms sell ads alongside content that condone the conflict in Ukraine. Russia’s communications regulator has blocked Google News, accusing the news aggregator service of spreading false information about the country’s military operation in Ukraine, Russia’s Interfax news agency said on Wednesday. “We’ve confirmed that some people are having difficulty accessing the Google News app and website in Russia and that this is not due to any… Source link
Read More »Russian tech giant Yandex lambasted over data leak, regulator launches case
A view shows a fragment of a Hyundai Sonata automobile during an event, organized by Yandex company to present the new generation of its self-driving car developed in cooperation with Hyundai, in Moscow, Russia May 27, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register March 23 (Reuters) – Russian tech giant Yandex (YNDX.O) is facing heavy criticism online after a data leak exposed the personal details of more than 58,000 people on its food delivery… Source link
Read More »Russian companies listed on international exchanges are increasingly at risk of default
While the Moscow Exchange is set to reopen Thursday after a four-week shutdown, trading in Russian stocks listed on international exchanges remains on pause indefinitely — and the suspension is dramatically lifting the risk of default for these companies. Since stock exchanges worldwide halted trading of Russia-linked companies over the country’s invasion of Ukraine, the median one-year market signal probability of default for nearly two dozen foreign-listed Russian enterprises has spiked… Source link
Read More »How CEOs received Biden’s ‘very clear message’ on a looming Russian cyberattack
After weeks of relative silence on the issue, President Joe Biden issued a stark warning to CEOs Monday: Moscow is exploring cyberattacks, they could come soon, and businesses need to do more to prepare. “The president delivered a very clear message, which is, every company needs to be hardening its cyber defenses,” National Economic Council Director Brian Deese told Yahoo Finance. “And I think it was well-received in part because we’ve been working with the private sector for months… Source link
Read More »The Russian war damage may be maxing out
Inflation is the main economic and political concern right now. Before Russia invaded Ukraine on Feb. 24, it was possible inflation would peak early in 2022, then ease as supply chain kinks unwound and consumers returned to normal spending patterns. Russia’s barbaric war on Ukraine changed that equation, sending oil and gasoline prices soaring as a major source of world energy supply suddenly looked endangered. Russia is the world’s third largest supplier of oil and natural gas, and… Source link
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