Tag Archives: Seeks

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

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

(Reuters) -Russian internet giant Yandex NV 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 – 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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Yandex seeks Putin approval for restructuring plan

Yandex seeks Putin approval for restructuring plan

Yandex, the company often described as “Russia’s Google”, is seeking Vladimir Putin’s blessing to sell its operations in the country, spin off its main international projects and appoint a longtime confidant of the Russian president to manage its relationship with the Kremlin. Three people familiar with these moves said that the internet giant has informally enlisted top economic official Alexei Kudrin to win the Russian president’s approval, in principle, for the restructuring… Source link

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Alphabet Seeks To Identify 10,000 Poor-Performing Googlers As Activist Investor Calls To Cut Staff

Alphabet Seeks To Identify 10,000 Poor-Performing Googlers As Activist Investor Calls To Cut Staff

Sundar Pichai, chief executive officer of Alphabet Inc.(Photographer: Michael Nagle/Bloomberg) © 2022 Bloomberg Finance LP Even Google isn’t immune to the severe downturn in the tech sector. Although more than 135,000 white-collar professionals in the tech and startup space have been downsized year to date, the giant search engine has avoided this trend. Amidst pressure from an activist hedge fund, adverse market conditions and a need to cut costs, Google launched a ranking system and… Source link

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Epic seeks to expand lawsuit against Google over app store developer deals

Epic seeks to expand lawsuit against Google over app store developer deals

CARY – Epic Games is seeking to broaden its lawsuit against Google over antitrust issues involving Google’s Android app store, saying the internet giant is paying developers to not create competing apps. Google denies the claim. “Epic and Match are adding more inaccurate claims to their failing lawsuits and we’re looking forward to setting the record straight in court,” a company spokesperson told Engadget, which reported a new filing that Epic made late Friday in federal… Source link

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Buffett’s Berkshire Hathaway Seeks to Buy as Much as 50% of Occidental

Buffett’s Berkshire Hathaway Seeks to Buy as Much as 50% of Occidental

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. won approval from US regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months snapping up its shares. Occidental’s stock had its biggest gain in five months. Most Read from Bloomberg The Federal Energy Regulatory Commission said in a filing published Friday that Berkshire’s proposed stock purchases are “consistent with the public interest.” Berkshire applied for the authorization on July 11, FERC… Source link

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Brooke Henderson seeks second major with lead in Evian Championship

Brooke Henderson seeks second major with lead in Evian Championship

Brooke Henderson follows her ball after playing on the second hole during the Evian Championship on Saturday. (Laurent Cipriani / Associated Press) EVIAN-LES-BAINS, France — Brooke Henderson stood over a birdie putt from three feet at the 18th green, a three-shot lead going into the final round of the Evian Championship seemingly at her mercy. For the first time Saturday — maybe all week, given her dominance of the fourth women’s major of the year — her putting stroke let her… Source link

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Yahoo Fights $15M IP Loss As Droplets Seeks To Add $20.6M

Yahoo Fights $15M IP Loss As Droplets Seeks To Add $20.6M

By Dorothy Atkins (June 3, 2022, 6:39 PM EDT) — Yahoo has urged a California federal judge to grant it a post-trial judgment invalidating software company Droplets Inc.’s patent following Yahoo’s $15 million jury trial infringement loss, while Droplets asked the judge to tack on $17.6 million in interest to the judgment and award $3 million in fees and costs. In separate post-trial motions filed Wednesday, Yahoo and Droplets each took turns asking U.S. District Judge Jon S. Tigar to… Source link

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