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Yandex: After months of negotiation, a rare Russian compromise as Yandex changes hands

Six months earlier, the purchase of Yandexs Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked in peril when the companys co-founder Arkady Volozh called the invasion of Ukraine "barbaric". With the Kremlin highly sensitive to criticism of what it calls a "special military operation", some on the Russian side of talks wanted to leave Volozh and Yandex NV with nothing, according to four sources familiar with the matter.
Noord Holland Alexander Ryazanov Alexei Kudrin Arkady Volozh Alexander Chachava Vladimir Putin

softbank: SoftBank sees new-found caution as secret weapon in AI arms race

The Vision Fund unit made just 29 new and follow-on investments in all of 2023 out of more than 300 companies it studied. The October-to-December quarter was the units most miserly since 2017, with SoftBank saying the funds made $100 million in new investments, a drop from the heady days of 2021, when they spent $20.9 billion in April-June alone.
New York United States Mitsunobu Tsuruo Amir Anvarzadeh Navneet Govil Masayoshi Son

japan chip research backing: Japan offers $300 million backing for chip research organisation

Underpinned by billions of dollars in subsidies, Rapidus aims to mass manufacture 2-nanometre logic chips in Hokkaido and compete with leading companies such as Taiwans TSMC.
Tetsuro Higashi Offering College Semiconductor Technology Center Technology Leadership Certificate Programme In Data Science Machine Leading Edge Semiconductor Technology Center

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bytedance us export control list: US lawmakers urge commerce department to put ByteDance on export control list

The lawmakers, led by Republican representative Dan Crenshaw and Democrat Josh Gottheimer, in a letter to commerce secretary Gina Raimondo urged that ByteDance be added to what is known as the "Entity List" in order "to address critical vulnerabilities created by the companys access to US software."
White House District Of Columbia United States Dan Crenshaw Josh Gottheimer Gina Raimondo

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