Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term impact. One of the worst security crises in Europe in decades is unfolding, with Russian President Vladimir Putin on Thursday authorising a military operation in […]
Russia
European shares ended flat on Tuesday as gains in auto and travel shares were offset by geopolitical risks, with some Western countries imposing sanctions on Russia after it ordered troops into two breakaway regions of eastern Ukraine. The pan-European STOXX 600 index was flat, with automakers, travel stocks and technology shares the top gaining sub-indexes, […]
Russia’s probable invasion of its neighboring country, Ukraine, has reached the cryptocurrency market as decentralized assets’ valuation crashed with escalated tensions, resulting in cryptocurrency investors offloading their assets to safeguard their portfolios before any risky price fall. On Friday, U.S. President Joe Biden revealed that Russia’s President Vladimir Putin decided to take control of Ukraine, […]
Russia warned on Wednesday it would begin imposing advertising bans on large foreign technology companies that do not have official representation in the country by March, as Moscow advances efforts to exert greater control over the internet. Russian legislation has obliged foreign social media giants with more than 500,000 daily users to open offices in […]
The Biden administration plans to spare everyday Russians from the brunt of U.S. export controls if Russia invades Ukraine, and focus on targeting industrial sectors, a White House official said. “Key people” will also face “massive sanctions,” a top Commerce official said in a separate speech on Friday. The comments narrow the scope of potential […]
The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to invade Ukraine. While it is unclear how the rule could impact Russia, the restrictions hobbled Huawei’s smartphone business. Last month, the company said it […]
A Moscow court on Friday slapped Google with a nearly $100 million fine and also fined Facebook’s parent company Meta $27 million over their failure to delete content banned by local law, as Russia seeks to step up pressure on technology giants. The Tagansky District Court ruled that Google repeatedly neglected to remove the banned […]
On Monday, the Justice Department announced the extradition of Russian businessman Vladislav Klyushin to the U.S. from Switzerland for charges in an insider trading scheme to infiltrate U.S. computer networks. The owner of the Russian company, M-13, Klyushin, is charged with four others for potentially hacking into significant publicly traded U.S. firms to access earnings […]
Russian authorities are investigating streaming giant Netflix after a public commissioner for protecting families accused the streaming company of violating a “gay propaganda” law, according to local reports. The commissioner claimed that some Netflix content with LGBTQIA+ themes was rated suitable for those aged 16 and older, whilst the country’s laws do not allow the […]
Amsterdam, 6 September 2021 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced that it has reached agreement to sell its mobile network towers in Russia to Service-Telecom for a totalconsideration of $970million. Service-Telecom is a well-known partner to PJSCVimpelCom, which operates in Russia under the Beeline […]