Tag Archives: Russias

Russia’s Yandex says agreed to purchase 93.2% of convertible notes

Russia’s Yandex says agreed to purchase 93.2% of convertible notes

Published: 06/20/2022 09:08 GMT (YNDX) – Holders of 93.2% in Aggregate Principal Amount of Yandex’s $1.25 Billion 0.75% Convertible Notes Due 2025 Have Agreed to Sell Notes to Yandex – Up From 84.9% Agreement As of June 16 Nasm000ftj.The Completion and Settlement of the Purchase Transaction is Now Expected to Take Place on June 22, 2022 .The Purchase Agreement, Dated June 15, 2022, Provides for a Purchase Price of $140,000 in Cash and 957 Yandex Class A Shares for Each $200,000 in Principal… Source link

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Everyone said his war would destroy Russia’s economy but he’s killing America’s too

Everyone said his war would destroy Russia’s economy but he’s killing America’s too

Between a tanking stock market, soaring inflation, and mounting recession fears, Americans are turning on the economy. And somewhere, Vladimir Putin is probably smiling about it. Amid all the chaos, inflation has become the biggest financial concern of nearly every American as prices rise for everything from gas to groceries. There are several reasons that inflation reached a 40-year-high of 8.6% last month, including rising rents and labor costs. But economists say a major driver is Russia’s… Source link

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Russia’s Yandex Is Removing Borders From Its Maps App

Russia’s Yandex Is Removing Borders From Its Maps App

Image: NATALIA KOLESNIKOVA/AFP via Getty Images Russia’s biggest tech company, Yandex, announced on Thursday that it’s removing all borders from its maps app. The move comes as the invasion of Ukraine still rages on, Russia’s President Vladimir Putin openly talks about expanding the country’s borders, and Ukrainians fear Russia will use sham referendums to annex parts of the country.  “Yandex Maps is a universal service that helps people find organizations and places nearby, choose… Source link

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Russia’s Yandex Maps to Stop Displaying National Borders 

Russia’s Yandex Maps to Stop Displaying National Borders 

Russia’s flagship IT company Yandex will stop showing national borders on its online maps. Speaking on Thursday, the company said that their updated digital maps would “focus on natural features rather than on state boundaries.”  “Our task is to display the world around us. So the map will show mountains, rivers, and other data usually found on such maps,” Yandex’s press service told Russian tech news site Durov’s Code, adding that further changes would appear… Source link

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Russia’s Navalny scolds Google and Meta for helping Putin

Russia’s Navalny scolds Google and Meta for helping Putin

Kremlin critic Alexei Navalny takes part in a rally to mark the 5th anniversary of opposition politician Boris Nemtsov’s murder and to protest against proposed amendments to the country’s constitution, in Moscow, Russia February 29, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register LONDON, June 9 (Reuters) – Jailed Russian opposition leader Alexei Navalny scolded Google (GOOGL.O) and Meta Platforms Inc (FB.O) on Thursday for shutting down advertising,… Source link

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CEO of Yandex, known as ‘Russia’s Google,’ resigns following new EU sanctions and months of boardroom chaos

CEO of Yandex, known as ‘Russia’s Google,’ resigns following new EU sanctions and months of boardroom chaos

Yandex’s CEO Arkady Volozh (left) speaking to Russian President Vladimir Putin (right) in 2017.Mikhail Svetlov/Getty Arkady Volozh, CEO and co-founder of Russian tech giant Yandex, stepped down on Friday. His resignation came after the EU imposed sanctions on him. Volozh is the fourth member of Yandex’s board to step down so far this year. Arkady Volozh, cofounder of Russian tech giant Yandex, has resigned as CEO and executive director of the company after the EU sanctioned him personally. The… Source link

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Google and Russia’s delicate dance

Google and Russia’s delicate dance

San Francisco CNN Business  —  Russia has spent months either driving out American tech firms or watching them leave of their own accord over its war in Ukraine. But the country now finds itself stuck in a stalemate with one big tech company: Google. Many of Google’s services, including search, maps, Gmail and, perhaps most importantly, YouTube, continue to be available in Russia at a time when… Source link

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Latest EU Sanctions Target Different Set Of Russia’s Business Elite

Latest EU Sanctions Target Different Set Of Russia’s Business Elite

A man walks outside the headquarters of Yandex company, Russia’s internet search engine, in Moscow. … [+] The company’s shares were halted in New York and its cheif executive is sanctioned. (Photo by ALEXANDER NEMENOV/AFP via Getty Images) AFP via Getty Images Russia is closer to Europe than China in every conceivable way, but not for long. The people look the same. They share the same Christian religious beliefs and holidays. Their economies – up until… Source link

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Putin promises to bolster Russia’s IT security in face of cyber attacks

Putin promises to bolster Russia’s IT security in face of cyber attacks

Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Sputnik/Mikhail Metzel/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign “state structures” had increased several times over and that Russia… Source link

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