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
Read More »Russia tightens grip on media as Yandex sells homepage, news to rival VK
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
Read More »Russia tightens grip on internet as Yandex sells assets to state-run VK
By Alexander Marrow MOSCOW (Reuters) – The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of the country’s most popular website. Yandex, often referred to as Russia’s Google, said it was selling its news aggregator, content platform Zen and yandex.ru homepage to VK to focus on other business areas, such as food delivery and… Source link
Read More »Russia tightens grip on internet as Yandex sells assets to state-run VK
By Alexander Marrow MOSCOW (Reuters) – The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of the country’s most popular website. Yandex, often referred to as Russia’s Google, said it was selling its news aggregator, content platform Zen and yandex.ru homepage to VK to focus on other business areas, such as food delivery and… Source link
Read More »Russia Tightens Grip on Media as Yandex Sells Homepage, News to Rival VK
MOSCOW — Russia’s leading internet firm Yandex on Tuesday 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 firm. VK already runs… Source link
Read More »Russia tightens grip on internet as Yandex sells assets to state-run VK
Russian tech giants Yandex, VK agree to swap some assets Yandex sells news feed, homepage to state-controlled VK Yandex gets food delivery service Delivery Club in return This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 23 (Reuters) – The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of… Source link
Read More »Elon Musk Sells $6.9 Billion of Tesla to Avoid Twitter Fire Sale
(Bloomberg) — Elon Musk sold $6.9 billion of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc. Most Read from Bloomberg “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk tweeted late Tuesday after the sales were disclosed in a series of… Source link
Read More »State of New Jersey Common Pension Fund D Sells 15,577 Shares of Yandex (NASDAQ:YNDX)
State of New Jersey Common Pension Fund D lowered its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 20.3% during the first quarter, Holdings Channel.com reports. The firm owned 61,292 shares of the information services provider’s stock after selling 15,577 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Yandex were worth $1,161,000 as of its most recent SEC filing. A number of other institutional investors also… Source link
Read More »Tesla meets Q2 expectations, sells 75% of its Bitcoin
Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility. The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $936 million in cash to its balance sheet. The quarter, however, ended Tesla’s streak of reporting record revenue. Here are the most important numbers from the report compared to Wall Street’s expectations, as compiled by… Source link
Read More »A LeBron James card sells for record $2.4 million
The LeBron James Triple Logoman card fetched the highest sale price for a card that was pulled and sold in the same year on Saturday night. (Michael Tran/AFP) LeBron James broke another record on Saturday night. A limited-edition 2020-21 Panini Flawless Triple Logoman patch card sold for $2.4 million at a Goldin Auction on Saturday, which marks the highest sale price for a card that was pulled and sold within the same year. The card features the NBA logo patch from three of his jerseys, one of… Source link
Read More »