Tag Archives: Russias

Russia’s Yandex stock jumps after Q4 earnings

Associated Press Court fight looms as questions swirl over Trump’s finances Questions about Donald Trump’s business practices are piling up. New York’s attorney general will go to court Thursday seeking to enforce a subpoena for Trump’s testimony in a civil investigation she says uncovered evidence his company used “fraudulent or misleading” valuations of golf clubs, skyscrapers and other properties to get loans and tax benefits. The hearing, before state Judge Arthur Engoron in… Source link

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Russia’s Yandex eyes $6.5 bln revenue in 2022, sharp e-commerce growth

MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed its other… Source link

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Russia’s Yandex eyes $6.5 bln annual revenue in 2022 after FY profit slip

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday reported a 55% decrease in adjusted net income in 2021 but said it expects total group revenues to continue their upward trajectory this year to reach 490-500 billion roubles ($6.50-$6.63 billion). Yandex’s… Source link

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Google breached antitrust law, Russia’s FAS says

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 10 (Reuters) – Russia’s Federal Antimonopoly Service (FAS) on Thursday said Alphabet’s (GOOGL.O) Google had breached antitrust law related to suspending and blocking accounts on YouTube. Google is waiting for the FAS’ full decision in order to review… Source link

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Russia’s Yandex reaches settlement in search engine dispute | WSAU News/Talk 550 AM · 99.9 FM

MOSCOW (Reuters) – Russian tech giant Yandex on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and a consortium of IT companies. The FAS told Yandex last February that it had created unequal market conditions for general online search services, that it was preferentially promoting its own products and asked it to stop. Yandex at the time said it was ready to defend its… Source link

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Russia’s Yandex reaches settlement in search engine dispute

Yandex founder and CEO Arkady Volozh (front, 2nd R) celebrates as Yandex is listed on the Nasdaq exchange during their IPO at the Nasdaq market site in New York May 24, 2011. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Jan 19 (Reuters) – Russian tech giant Yandex (YNDX.O) on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and… Source link

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KT teams up with Russia’s Yandex to debut delivery robots

KT‘s AI/DX Convergence Business Division head Song Jae-ho (third from right) and Yandex Self-Driving Group CEO Dmitry Polishchuk (fourth from right) pose for a photo with officials at a signing ceremony held in Moscow, Russia. (KT) South Korean telecom carrier KT looks to launch autonomous delivery vehicles in Korea before the end of 2022 by partnering with Russian autonomous rover maker Yandex Self-Driving Group, KT said Tuesday. The two companies have signed a memorandum of… Source link

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KT partners with Russia’s Yandex on developing delivery robots

SEOUL, Jan. 18 (Yonhap) — KT Corp., South Korea’s major telecom operator, said Tuesday it has partnered with an affiliate of Russian tech giant Yandex to jointly develop delivery robots. KT and Yandex Self-Driving Group inked an agreement in Moscow to develop and roll out an autonomous delivery robot within this year and to cooperate in developing new AI robot solutions, the company said. The two companies also plan to set up a task force committed to collaborating in other information and… Source link

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Russia’s Yandex to spend ‘tens of millions of dollars’ on fashion

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov MOSCOW, Nov 10 (Reuters) – Russia’s Yandex (YNDX.O) said on Wednesday it had started selling clothing, footwear and accessories on its Yandex.Market e-commerce service, months after pulling out of a deal to buy online fashion retailer KupiVIP. read more Sometimes described as Russia’s Google, Yandex offers services ranging from advertising and search… Source link

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