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
Read More »Google unveils ‘Immersive Stream for Games,’ its service that lets companies use Stadia’s tech – TechCrunch
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
Read More »EU, UK to investigate Google and Meta for ad tech antitrust violation
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
Read More »Panic Selling Grips China Tech Stocks Again as Concerns Pile Up
(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
Read More »Putin’s pre-invasion moves against Google and Apple laid tech groundwork for crackdown.
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
Read More »Pressure mounts to include Russia’s tech giant Yandex in the EU sanction list – EURACTIV.com
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
Read More »Tech workers face ‘hard days,’ says Ukrainian entrepreneur
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
Read More »will the tech giant join the Dow Jones Industrial Average?
Amazon’s (AMZN) big stock split could pave the way for entrance into the 30-member exclusive club known as the Dow Jones Industrial Average. “We expect that the stock split should increase the accessibility of shares to a broader array of potential investors, and note that the split should allow for potential inclusion of Amazon shares in the Dow Jones Industrial Average,” said Wells Fargo analyst Brian Fitzgerald. Shares of the e-commerce giant rose 5% in pre-market trading on Thursday on the… Source link
Read More »Fearing sanctions, Russia’s Yandex wants to relocate workers to Israel – Tech News
News and Partnerships Life and Culture Columnists and Opinion Haaretz Heb and TheMarker Haaretz.com, the online English edition of Haaretz Newspaper in Israel, gives you breaking news, analyses and opinions about Israel, the Middle East and the Jewish World. © Haaretz Daily Newspaper Ltd. All Rights Reserved Source link
Read More »Fearing sanctions, Russia’s Yandex seeks to relocate 800 workers to Israel – Tech News
News and Partnerships Life and Culture Columnists and Opinion Haaretz Heb and TheMarker Haaretz.com, the online English edition of Haaretz Newspaper in Israel, gives you breaking news, analyses and opinions about Israel, the Middle East and the Jewish World. © Haaretz Daily Newspaper Ltd. All Rights Reserved Source link
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