Russia’s Yandex Reports Record Annual Revenues for 2024

Russian internet firm Yandex reported annual revenues above 1 trillion roubles ($11.22 billion) for the first time on Thursday, in a year when the business underwent a significant restructuring. A Russian consortium of buyers in July finalised a $5.4 billion cash-and-stock deal to acquire Yandex’s Russia-based assets, which had been held through Yandex’s Nasdaq-listed Dutch…

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Australian Court Rules Telstra Misled Customers About Internet Speed

Australia’s federal court has ruled that telecom firm Telstra misled customers about the downgrading of its broadband plan’s upload speed, the country’s competition regulator said on Friday. The Australian Competition & Consumer Commission (ACCC) had initiated the lawsuit against the company in December 2022, alleging Telstra downgraded broadband upload speed for nearly 9,000 residential customers…

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FireAid Announces $50 Million for LA Community Organizations Helping Those Impacted by Fires

FireAid, the benefit concert which raised an estimated $100 million to benefit those impacted by the LA fires, announced $50 million in grants for community-based organizations supporting families, food access, temporary housing, disaster case management and more FireAid, the benefit concert that raised an estimated $100 million for those impacted by the Los Angeles fires last month,…

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As Egg Prices Soar, Trump Administration Plans New Strategy to Fight Bird Flu

With egg prices soaring, the Trump administration is planning a new strategy for fighting bird flu that stresses vaccinations and tighter biosecurity instead of killing off millions of chickens when the disease strikes a flock With egg prices soaring, the Trump administration is planning a new strategy for fighting bird flu that stresses vaccinations and tighter biosecurity…

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