Tag Archives: tech

Russian Tech Giant Yandex Says Might Default

Russian tech giant Yandex warned Thursday it may default on its debt after it was suspended from trading on New York’s digital stock exchange. Nasdaq and the New York Stock Exchange this week halted all listings of Russian companies until they explain how they will be impacted by sanctions imposed by the U.S. and its allies in the wake of Moscow’s invasion of Ukraine. In a press release published Thursday, Yandex, which is legally headquartered in the Netherlands but has its… Source link

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How Apple, Big Tech benefit from taking on Russia

Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to protest the invasion of Ukraine, while firms like YouTube (GOOG, GOOGL) , Meta (FB), and Microsoft (MSFT) are limiting the availability of Russian propaganda networks like RT and Sputnik in Europe. And while Big Tech’s moves put at least some pressure on Russian President Vladimir Putin and… Source link

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Ex-Yandex news boss accuses Russian tech giant of ‘hiding info’ on Ukraine

It comes as platforms around the world take action against Russia’s state-backed media. The former head of news at Russia’s largest tech company has called on past colleagues to quit, accusing the business of censoring the invasion of Ukraine. Lev Gershenzon wrote in a Facebook post on Tuesday (1 March) that Yandex, which is behind one of the biggest search engines in Russia, is “a key element in hiding information about the war”. “Today is the… Source link

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Putin Has Broken Russia’s Brightest Tech Business–Founder Arkady Volozh Loses $2 Billion In Three Months

President Vladimir Putin (R) and Yandex CEO Arkady Volozh visit the Yandex headquarters in Moscow TASS via Getty Images Arkady Volozh, the tech entrepreneur behind Yandex—the Russian equivalent to search engines like Google and Yahoo—has seen the value of his stake in Russia’s top tech giant fall by over 60% since last Thursday, the day Putin attacked Ukraine. Volozh himself lost more than $400 million that day, as Russia’s wider business community… Source link

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Google’s New Soli Radar Tech Can Read Your Body Language—Without Cameras

What if your computer decided not to blare out a notification jingle because it noticed you weren’t sitting at your desk? What if your TV saw you leave the couch to answer the front door and paused Netflix automatically, then resumed playback when you sat back down? What if our computers took more social cues from our movements and learned to be more considerate companions? It sounds futuristic and perhaps more than a little invasive—a computer watching your every move? But it feels less… Source link

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Google’s New Soli Radar Tech Can Read Your Body Language—Without Cameras

What if your computer decided not to blare out a notification jingle because it noticed you weren’t sitting at your desk? What if your TV saw you leave the couch to answer the front door and paused Netflix automatically, then resumed playback when you sat back down? What if our computers took more social cues from our movements and learned to be more considerate companions? It sounds futuristic and perhaps more than a little invasive—a computer watching your every move? But it feels less… Source link

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Anthony Mays leaves Google to help tackle diversity in tech

Popular Google software engineer Anthony D. Mays leaves the search giant to pursue diversity and inclusion full-time. Anthony D. Mays The year after Anthony D. Mays joined Google as a software engineer in 2013, the company publicly released its diversity numbers for the first time. He knew the numbers were likely low, but he didn’t realize just how low. When he found out only 1% of technology roles included Black people, Mays made it his personal mission to help grow that number while working… Source link

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How US Sanctions Will Crimp Russia’s Tech Sector

Last November, the tech giant Yandex unveiled Chervonenkis, Russia’s most powerful supercomputer and the 19th most powerful commercial computer on the planet. Chervonenkis, which Yandex uses to train artificial intelligence algorithms for applications like web search and translation, was built by linking together more than 1,500 chips from the US company Nvidia. Earlier this week, Russia’s Ministry of Internal Affairs said that it was having trouble sourcing the homegrown chips it’s… Source link

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Chinese Tech Stocks Drop to New Crackdown Lows, Led by Alibaba

(Bloomberg) — Chinese technology stocks dropped for a third straight session amid fresh worries over Beijing’s regulatory plans for the sector. Most Read from Bloomberg The Hang Seng Tech Index fell more than 3% on Tuesday and headed for the lowest close since its inception in 2020. Alibaba Group Holding Ltd. led declines following a Bloomberg report that authorities have begun another round of checks on its fintech business arm. The rout weighed on the broader Hong Kong market, with the… Source link

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