Tag Archives: Russian

Tinkoff, Russia’s leading online bank, has pulled out of a $5.5bn sale to search giant Yandex that would have represented a major shake-up to the country’s tech and finance industries. Yandex said on Friday that “it has not been able to agree definitive transaction terms with the core shareholders of Tinkoff” and that the parties had decided to conclude the negotiations. The collapse ends a year and a half of talks over what would have been a substantial tie-up at a… Source link

Yandex and Sberbank’s fight to gain control of Russia’s finance and technology industries is being billed as the corporate showdown of the decade. “Sberbank versus Yandex: The battle of the super platforms has begun,” declared Russian business daily Vedomosti last week. Novaya Gazeta went further, dubbing it a “war of the ecosystems.” The clash — which has been brewing in the background for years — took center stage last week when… Source link

Shares of Russian internet major Yandex jumped by 14% on the Moscow Exchange on September 23, on top of 11% gain on September 22, to record-high RUB5,300 ($69) per share on the announcement of the acquisition of Russia’s only pure online bank Tinkoff from the banking TCS Group.  As reported by bne… Source link

A visitor walks past a logo displayed in the reception area at the headquarters of Yandex NV in Moscow. Photographer: Alexander Zemlianichenko Jr./Bloomberg Photographer: Alexander Zemlianichenko Jr./Bloomberg Months after… Source link

on July 13, 2020 at 1:30 pm People in Russia can now ask the Alice voice assistant for the odds before making a bet through the online gambling platform Fonbet. Alice, created by Russian tech giant Yandex, can answer questions about sports betting, including making predictions that the company claims are 90% accurate thanks to its use of Fonbet’s database. Alice Bets Alice relies on information provided by Fonbet to answer thousands of different… Source link

anchor All images courtesy of PLP Architecture. PLP Architecture is designing a new “smart headquarters” for Yandex, the Russian tech qiant, in the Gagarinsky District of Moscow. The 170,000-square-meter campus will enable staff to have a singular space for work, recreation, and inspiration, according to the architects.  The titanium-clad building… Source link

Alexa and Google Home are getting some stiff international competition. Russian search engine Yandex recently launched its own version of a smart speaker called the Yandex Station.  The Yandex Station is the company’s first foray into hardware elements, and yes, the Yandex speakers have an assistant. While Amazon has Alexa, Yandex has Alice — a Russian-speaking assistant developed by the company’s in-house engineers. Alice has been available on mobile devices since she launched in October… Source link