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Russia’s war hits Yandex, the ‘Google of Russia’
Putin’s regime continues to tighten its grip on how information on the war in Ukraine is shared in Russia, and in the wake of that, tech giants in the country — which, like Facebook, Google and Twitter, are also major players in the media sphere — are starting to restructure their media assets. Yesterday Russian…
Uber is walking back its annual guidance for 2020 due to the COVID-19 pandemic. Update: This article was corrected to reflect that the guidance was for 2020, not an update…
Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash
On-demand transportation giant Uber made its name in part by aggressively entering new markets on a path of organic growth, but in recent times, it has shown itself more amenable…
Yandex inks deal with Hyundai to build self-driving car tech for its Mobis OEM division
On the heels of Hyundai becoming the latest investor in Ola, today another key deal was revealed that underscores Hyundai’s ambitions in next-generation automotive services. Yandex, the Russian search giant that…
Crunch Report | DraftKings and FanDuel No Longer Merging
Uber is merging with Yandex.Taxi in Russia, DraftKings and FanDuel call it quits on their merger, Amazon is working on a premium Echo Home and Jet.com gives New Yorkers smart…