Tag Archives: tech

Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist in his eighties who had “discovered” oil in Israel, Volozh said—as we chatted about my upcoming trip to… Source link

Editors’ Note: Arkady Volozh resigned as Yandex’s CEO on June 3, 2022, after the European Union sanctioned him.  Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist… Source link

Editors’ Note: Arkady Volozh resigned as Yandex’s CEO on June 3, 2022, after the European Union sanctioned him.  Arkady Yurievich Volozh seemed to be in good spirits. It was February 11, his birthday, and the 58-year-old billionaire CEO and cofounder of Yandex, the Russian tech behemoth, was in the sort of open, engaging mood that could be called privetliviy, after the casual Russian word privet for hello. He was speaking from his car in Tel Aviv, bragging about his father—an oil geologist… Source link

Tech major Yandex is mulling the sale of its media platforms Yandex.news and Yandex.zen to Russian internet company VK, according to sources close to the negotiations. The move away from media would help the company out of a bind between the competing demands of Russian regulation and international stakeholders. … Source link

At its Google for Games Developer Summit, Google today unveiled Stadia’s B2B offering called “Immersive Stream for Games.” The offering, which was created in partnership with Google Cloud, will allow companies to take advantage of Stadia’s underlying platform technology and deliver games directly to players. With this offering, Google is branching out by opening up Stadia’s streaming technology for other companies to license. Google says the service will… Source link

What this means: The EU has led a global wave of regulation and penalties against Big Tech companies, with search and ad technologies coming under especially severe scrutiny, making this investigation the latest in a series of fines, legal challenges, and penalties that have plagued Big Tech in Europe. Google in particular has had it rough. There have been so many fines, it’s hard to keep track of all of them. Google alone paid the EU $5 billion in 2018 for anticompetitive bundling, $1.7… Source link

(Bloomberg) — The relentless selloff in Chinese technology stocks continued on Monday, as Beijing’s close relationship with Russia raised risks for mainland companies already battered by renewed regulatory headwinds. Most Read from Bloomberg The Hang Seng Tech Index slumped more than 9%, poised for the largest drop since the guage was introduced in July 2020 and driving losses in broader Hong Kong and China stocks. The Golden Dragon Index, which tracks American depository receipts of… Source link

Within hours, an app designed to help Russians register protest votes against Putin could no longer be downloaded from Google or Apple, whose main representative in Moscow faced a similarly harrowing sequence. Titans of American technology had been brought to their knees by some of the most primitive intimidation tactics in the Kremlin playbook. Story continues below advertisement The unnerving encounters, which have not previously been disclosed, were part of a broader campaign that Putin… Source link

A group of progressive MEPs are preparing to question the European Commission on why Russia’s largest technology company has been excluded from the sanctions list so far, while Baltic states are planning to raise the point in the Council discussions. Yandex is the second largest search engine in Russia regarding market share and provides several online services, including advertising, mobility apps and navigation. The company also offers ride-hailing services in several EU… Source link

A highly educated workforce and low cost of labor made Ukraine an attractive outsourcing tech hub for Fortune 500 firms, churning out more than 200,000 IT workers. But these days, Andrew Pavliv, the founder and CEO of N-iX, one of Ukraine’s largest tech companies, is more consumed with managing the flow of employees within his own country. Since the Russian invasion began last month, Pavliv’s firm has evacuated nearly 200 employees from hard hit cities in eastern Ukraine, including… Source link