Tag Archives: Russias

Russia’s Yandex seeks Putin’s approval for restructuring – FT

Russia’s Yandex seeks Putin’s approval for restructuring – FT

Nov 24 (Reuters) – Russian internet giant Yandex NV (YNDX.O) is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for the restructuring plan, according to the report. If Putin gives his final assent at their meeting later in the day, Kudrin is… Source link

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Russia’s Yandex seeks Putin’s approval for restructuring

Russia’s Yandex seeks Putin’s approval for restructuring

Nov 24 (Reuters) – Russian internet giant Yandex is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. Yandex will also seek the president’s blessing for the appointment of his longtime confidant to manage its relationship with Kremlin, the report said. (Reporting by Shivani Tanna in Bengaluru; Editing by Maju Samuel) Source link

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Russia’s Yandex to open a development centre in Serbia – Jobs for 800 people

Russia’s Yandex to open a development centre in Serbia – Jobs for 800 people

Serbian Prime Minister Ana Brnabic met with the representatives of the Russian IT company Yandex, which announced the opening of the company’s development centre in Serbia, which will employ over 800 engineers who will work on the latest IT solutions, the Government of Serbia has announced. At the meeting with the Yandex delegation, led by the head of the international policy department Maksim Kozlov, it was… Source link

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Russia’s Yandex posts 46% jump in revenues in Q3

Russia’s Yandex posts 46% jump in revenues in Q3

MOSCOW (Reuters) – Russian internet giant Yandex on Thursday reported a 46% year-on-year increase in total revenues in the third quarter to 133.2 billion roubles ($2.14 billion) and expanded its dominant share in the domestic search market. Yandex in August sold its news aggregator, content platform Zen and homepage yandex.ru to state-controlled VK in a move that is expected to tighten the government’s grip on the internet, but maintains Yandex’s stranglehold on online searches, which account… Source link

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Russia’s Yandex posts 46% jump in revenues in Q3

Russia’s Yandex posts 46% jump in revenues in Q3

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 3 (Reuters) – Russian internet giant Yandex (YNDX.O) on Thursday reported a 46% year-on-year increase in total revenues in the third quarter to 133.2 billion roubles ($2.14 billion) and expanded its dominant share in the domestic search market. Yandex in August sold its news aggregator, content platform Zen and homepage yandex.ru to state-controlled VK in a move that is… Source link

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Putin’s 6G Plan is a Candidate for Russia’s Tech Graveyard

Putin’s 6G Plan is a Candidate for Russia’s Tech Graveyard

Russia aims to develop super-fast 6G technology, skipping the deployment of 5G networks altogether, hoping to achieve a generational leap. The Russian government is going to invest more than 30 billion rubles ($501m) in research, supervised by Oleg Ivanov, a former deputy minister of the Ministry of Digital Development, now the head of the Radio Research and Development Institute (NII Radio). This is, to put it mildly, ambitious. Russia failed to build 5G networks,… Source link

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Russia’s war in Ukraine is getting longer and scarier

Russia’s war in Ukraine is getting longer and scarier

Russia’s military performance in Ukraine has become a global embarrassment. President Vladimir Putin’s new plan to ship thousands of barely-trained Russian civilians to the front lines is a sign that his army is taking a beating. Western military analysts are astonished at the incompetence of a military they once considered fearsome. The decision could even bring down Putin himself. Yet Russia remains far from beaten. Putin’s recent moves are likely to prolong the war and intensify the… Source link

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‘Russia’s Google’ launches ride-hailing app Yango in Dubai

‘Russia’s Google’ launches ride-hailing app Yango in Dubai

A new ride-hailing app operated by Russia’s answer to Google has hit the road in Dubai after a trial. Yango, part of web and search engine portal Yandex, launched in Dubai on Thursday. Commuters can use the service by downloading the Yango app available on App Store and Google Play. A trial began two weeks ago, with the company saying it saw “good demand” for a permanent roll-out. Dubai is one of the most influential economic centres of the region attracting investments and people from all… Source link

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Russia’s Yandex launches food delivery service in Armenia

Russia’s Yandex launches food delivery service in Armenia

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Sept 14 (Reuters) – Russian tech giant Yandex (YNDX.O) on Wednesday said it had launched food delivery service Yandex Eats in Armenia, delivering on a promise to develop its… Source link

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