The 10 people who convened in Moscow in mid-February came from multiple countries and professions but they had one thing in common: They were all directors on the board of Yandex, Russia’s largest internet company. Russia had not yet invaded Ukraine, and though much of the world was on edge, people in Moscow and on the board of Yandex were incredulous that war was coming. Yandex’s board meeting in the Russian capital, the first in-person meeting in two years,… Source link
Read More »Nvidia is the most important tech company on planet: analyst
Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends. “Nvidia may be the most technology company today,” said Evercore ISI analyst C.J. Muse in a new note on Monday. The analyst reiterated an Outperform rating on Nvidia with a $375 price target. Shares of Nvidia rose slightly in afternoon trading Monday to $277. Muse’s upbeat take on Nvidia comes hot on the heels of the company’s closely watched analyst day, where it held nearly 1,000 sessions that included more… Source link
Read More »The PHF and Russia’s largest tech company share the same chairman
Since Russia invaded Ukraine on February 24, sports federations and leagues have played a major role condemning Russia’s actions. Russian athletes are currently barred by most Olympic sport federations, FIFA kicked Russian clubs and national teams out of international competitions, and leagues around the world have issued statements of support and organized fundraising efforts for Ukraine. But the Premier Hockey Federation (PHF), a women’s professional hockey league in North America… Source link
Read More »Why Nvidia’s CEO sees auto chips and tech as the company’s next big business
Nvidia introduced a new version of its autonomous-driving platform at its GTC developers conference this week. Automotive is a small segment of the company’s business. But it’s getting a lot of attention from Nvidia founder and CEO Jensen Huang. At the conference, Huang touted the company’s $11 billion vehicle-tech order pipeline over the next six years. But he says that’s only one slice of the potential market for autonomous-driving technologies and their importance to Nvidia ( Source link
Read More »Is Yandex, Russia’s Marquee Tech Company, In Trouble? One Former Board Member Says Yes.
It’s Russia’s Google, a multibillion-dollar, homegrown technology company that dominates the country’s e-commerce, offering everything from search engine results and food delivery to car sharing and an online marketplace. Yandex is a bellwether for Russia’s high-tech economy in the 21st century. Now, with Russia bombarding Ukraine and the West pounding Russia with crippling sanctions, the company’s future is in doubt. On March 7, Yandex announced the resignation of two board members,… Source link
Read More »Russian tech giant Yandex lambasted over data leak, regulator launches case
A view shows a fragment of a Hyundai Sonata automobile during an event, organized by Yandex company to present the new generation of its self-driving car developed in cooperation with Hyundai, in Moscow, Russia May 27, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register March 23 (Reuters) – Russian tech giant Yandex (YNDX.O) is facing heavy criticism online after a data leak exposed the personal details of more than 58,000 people on its food delivery… Source link
Read More »Is Russia’s Largest Tech Company Too Big to Fail?
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
Read More »Is Russia’s Largest Tech Company Too Big to Fail?
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
Read More »Is Yandex, Russia’s Largest Tech Company, Too Big to Fail?
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
Read More »Is Yandex, Russia’s Largest Tech Company, Too Big to Fail?
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
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