Tag Archives: sells

Tesla (TSLA) CEO Elon Musk’s selling spree continues, to the chagrin of Tesla investors who can’t seem to catch a break. In a filing yesterday, Musk disclosed that he sold 22 million shares of Tesla stock Monday through Wednesday. The value of those Tesla stock sales was around $3.6 billion. Tesla shares have been under immense pressure the past few days, with shares down nearly 13% since the start of the week. Musk’s stock sales this week bring his total amount sold since April, when he… Source link

Tesla (TSLA) CEO Elon Musk’s selling spree continues, to the chagrin of Tesla investors who can’t seem to catch a break. In a filing yesterday, Musk disclosed that he sold 22 million shares of Tesla stock Monday through Wednesday. The value of those Tesla stock sales was around $3.6 billion. Tesla shares have been under immense pressure the past few days, with shares down nearly 13% since the start of the week. Musk’s stock sales this week bring his total amount sold since April, when he… Source link

Elon Musk fan Cathie Wood seized a sizable chunk of Tesla stock (TSLA) late Wednesday after the stock extended a recent skid to its lowest level in more than two years. ARK Invest, Wood’s investment management firm, snapped up 74,862 shares of the electric-vehicle maker across three of her exchange-traded funds, according to a daily transaction report sent via email. The purchase was valued around $11.7 million, based on Wednesday’s closing price of $156.80. The snap-up by ARK also comes… Source link

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has continued trimming its large stake in Chinese automaker BYD (1211.HK), according to a filing listed today with the Hong Kong Stock Exchange. As reported by Reuters, the filing states that Berkshire Hathaway unloaded 3.297 million Hong Kong-listed shares of BYD, netting $71.35 million in proceeds. Following the sale, Berkshire’s stake in BYD dropped to 17.92% from 18.22%, still keeping Berkshire a large shareholder. However, today’s… Source link

Yandex NV, which runs Russia’s largest search engine and ride-hailing service, sold its media interests to a state-backed company, deepening the Kremlin’s control over the Russian internet. Often referred to as “Russia’s Google,” Yandex said it was selling its news aggregator, its Zen social-media platform and its homepage to VK, Russia’s largest social-media company, in exchange for VK’s food delivery app Delivery Club. Source link

Russia leading Internet company Yandex on On Tuesday, she said she agreed to sell it news The aggregator and the main page of yandex.ru for the VK . competition in a move Likely to limit the Russians access to independence media. all share deal, in Which will Yandex acquire 100% of Food delivery service delivery club, represents a big transformation in Internet scene in Russia, with Yandex pass control effectively over distribution of online content for a state-controlled company. VK… Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. — Reuters pic Tuesday, 23 Aug 2022 11:24 PM MYT MOSCOW, Aug 23 — Russian IT giant Yandex announced today the sale of its media assets to state-affiliated rival VK, the owner of Russia’s largest social network. The transaction is the latest sign of increasing government control over internet platforms available to a Russian audience, as Moscow continues the… Source link

Yandex N.V., Russia’s leading technology company, on Tuesday said that its Russian operating subsidiary agreed to sell its news aggregator, Zen infotainment service, and homepage to rival Vkontakte (VK), a large Russian social media business. The move will further limit access to independent media. In exchange, Yandex will acquire 100% … Source link

Russia’s leading internet firm Yandex on Tuesday (23 August) said it had agreed to sell its news aggregator and yandex.ru homepage to rival VK in a move likely to further limit Russians’ access to independent media. The all-share deal, in which Yandex will acquire 100% of food delivery service Delivery Club, marks a significant shift in Russia’s internet landscape, with Yandex effectively passing control over distribution of online content to a state-controlled… Source link

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 23 (Reuters) – Russia’s leading internet firm Yandex (YNDX.O) on Tuesday said it had agreed to sell its news aggregator and yandex.ru homepage to rival VK (VKCOq.L)in a move likely to further limit Russians’ access to independent media. The all-share deal, in which Yandex will acquire 100% of food delivery service Delivery Club, marks a significant shift in Russia’s… Source link