Tag Archives: Yandex

Ever since the onset of the Ukraine war, Russia, the invader, has met with stringent sanctions from the western nations, with many global enterprises suspending or terminating their Moscow-based operations. On Monday, March 14, web browser Mozilla Firefox removed the Russia-based search engine Yandex from its settings and replaced it with the default search of Google. The users of Mozilla Firefox were notified regarding the change today, as per the reports of Telecomtimes. Earlier, users… Source link

By Josh Beckerman Fitch Ratings has downgraded 10 Russian companies including Rostelecom and Yandex NV to “CC,” as a March 5 presidential decree and escalating sanctions “could impose insurmountable barriers” on timely debt payments to certain international creditors. The decree “could force a redenomination of foreign-currency debt into local currency for international creditors, which we would likely view as a distressed debt exchange or event of default,” Fitch… Source link

Just eight months after announcing a robotic delivery partnership with Yandex Self-Driving Group, a division of the Russian multinational tech group, Grubhub has severed its ties in the wake of Russia’s invasion of Ukraine. First announced last July, Grubhub signed a multi-year partnership with Yandex to enable faster, more cost-effective deliveries via robots on U.S. college campuses. According to a press release announcing the deal, Yandex autonomous bots… 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

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

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

LONDON, March 7 (Reuters Breakingviews) – Russia is turning in on itself. Sanctions have hammered Moscow-linked stocks and in New York shares in search engine Yandex (YNDX.O), , until two weeks ago the darling of the Russian technology scene, have been suspended. The trading hiatus may activate a bond repayment it can’t afford. Even if it cuts a deal with creditors, Yandex’s future looks Kremlin-controlled. The Securities and Exchange Commission suspended trading in shares of Yandex and… Source link

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / March 7, 2022 / Yandex (NASDAQ:YNDX) and (MOEX:YNDX), a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today announced that Esther Dyson and Ilya Strebulaev have resigned from the Company’s Board of Directors, effective immediately. Ms. Dyson has served as an independent non-executive director since 2006 and Professor Strebulaev has… Source link

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / March 7, 2022 / Yandex (NASDAQ:YNDX) and (MOEX:YNDX), a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today announced that Esther Dyson and Ilya Strebulaev have resigned from the Company’s Board of Directors, effective immediately. Ms. Dyson has served as an independent non-executive director since 2006 and Professor… Source link

Russian technology conglomerate Yandex has halted its hardware testing in the US, namely its autonomous vehicles that were to be the backbone of its robotaxi fleet as well as a sidewalk robot delivery service. This news comes as the Russian invasion of Ukraine spills into its second week, with Russia facing sanctions from numerous countries as well as service suspensions from multinational tech companies. Though Yandex is registered in… Source link