Tag Archives: trouble

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

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This mega homebuilder is still having trouble finding garage doors, kitchen cabinets and windows

The supply chain challenges remain so tough in the housing industry that homebuilding giant KB Home (KBH) still can’t source enough garage doors, windows and cabinets. “Garage doors, windows, cabinets, HVAC equipment, and signing, all remain constrained within the supply chain,” said KB Home COO Robert McGibney on a Wednesday evening earnings call. “We expect shortages of materials will stay with us throughout this year and we will continue to aggressively address any new issues that… Source link

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China’s property bubble just got pricked — this could mean trouble for the stock market

China’s property bubble just got pricked — this could mean trouble for the stock market New home prices in China slid 0.8% in September. It was the country’s first real estate decline in six years, triggered largely by the Evergrande fiasco. Residential sales, meanwhile, tumbled 17%. Given China’s massive role in global trade, its problems could easily extend to the U.S. economy and spark something worse than inflation: stagflation. Stagflation refers to an economy that’s experiencing… Source link

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bne IntelliNews – Kazakhstan: Russia’s Yandex taxi in court trouble as China’s Didi circles

The ride-hailing arm of Russian technology company Yandex is facing an existential threat to its business in Kazakhstan. And a tough Chinese peer is ready to pounce. Yandex.Taxi is currently appealing a court ruling handed down on May 19 stating that it violated a patent held by a private Kazakh company called G-Taxi. If the company is unable to overturn the verdict, Yandex.Taxi will no longer be able to operate… Source link

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bne IntelliNews – Kazakhstan: Russia’s Yandex taxi in court trouble as China’s Didi circles

The ride-hailing arm of Russian technology company Yandex is facing an existential threat to its business in Kazakhstan. And a tough Chinese peer is ready to pounce. Yandex.Taxi is currently appealing a court ruling handed down on May 19 stating that it violated a patent held by a private Kazakh company called G-Taxi. If the company is unable to overturn the verdict, Yandex.Taxi will no longer be able to operate… Source link

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Los Angeles teams in trouble & NBA Awards debate with Vincent Goodwill

The Week U.S. warns Americans not to travel to Japan, but Japan says that won’t affect the Summer Olympics The State Department on Monday warned Americas, “Do not travel to Japan due to COVID-19.” The Centers for Disease Control and Prevention cautioned that “because of the current situation in Japan, even fully vaccinated travelers may be at risk for getting and spreading COVID-19 variants and should avoid all travel to Japan.” The U.S. Olympic & Paralympic Committee said it still plans to… Source link

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As Antitrust Cases Spread, Google Faces Trouble

Share Tweet Share Share Share Print Email To say that Google is facing a world of trouble would not be an overstatement these days, as the tech giant is facing antitrust probes around the country and the globe. The latest salvo came on Tuesday (Oct. 20), when the U.S. Department of Justice (DOJ) and 11 state attorneys general filed an antitrust lawsuit in Washington, D.C. against the world’s most-used internet search engine, alleging that it has unfairly used its dominant position… Source link

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