Europe News & Trends
Francesco Poletti is welcomed by the Ad Club as the International Jury Chair for the One Show-powered ABBY Awards 2025.
Francesco Poletti, Chief Creative Officer of Le Pub Publicis Italy, has been appointed by the Ad Club to serve as an international jury chair for the Young Maverick Abby category of the ABBY Awards 2025, which are powered by One Show. As CCO, Francesco Poletti is in charge of Le Pub Publicis Italy. Previously, he served as Jung Van Matt's CCO, VMLY&R, and Creative Director. Francesco is one of the most successful creative executives in the business. He comes to Le Pub from VMLY&R, where he started in 2018 and rose to the position of CCO just two years later.Francesco collaborates closely with Bruno Bertelli on projects for domestic and international customers, such as Netflix, Barilla, and Heineken.Francesco has won multiple D&AD and One Show pencils, as well as the Cannes Lions and Grand Prix. His Rocking Mamas advertisement for Rolling Stone made him famous. On May 21, 22, and 23, 2025, the ABBY Awards 2025, presented by One Show, will be held at Goafest 2025 at Taj Cidade de Goa Heritage and Horizon in Goa.The Advertising Club and the Advertising Agencies Association of India co-host Goafest.As CCO, Francesco Poletti is in charge of Le Pub Publicis Italy. Previously, he served as Jung Van Matt's CCO, VMLY&R, and Creative Director. Francesco is one of the most successful creative executives in the business. He comes to Le Pub from VMLY&R, where he started in 2018 and rose to the position of CCO just two years later. Francesco collaborates closely with Bruno Bertelli on projects for domestic and international customers, such as Netflix, Barilla, and Heineken.
Published 22 Apr 2025 08:34 PM
Brussels is looking for further details on covert Google-Meta ad targeting of teenagers.
Dec. 10 (Reuters): The Financial Times said on Tuesday that Google has been questioned by European regulators on its now-canceled covert advertising deal with Instagram parent company Meta Platforms, which disregarded the search engine giant's guidelines regarding the treatment of minors online.disclosed in August how Google assisted Meta in a covert marketing campaign aimed at 13–17-year-old YouTube users, controlled by Alphabet (GOOGL.O), with the goal of promoting Meta's (META.O) According to FT, the relationship has subsequently been canceled. It was originally set to expand to the U.S. and then to other countries. According to the most recent FT story, which cited persons familiar with the situation, European Commission officials have been investigating the collaboration and have forwarded the data to regulators who are considering taking action. According to the article, the executives gave Alphabet's attorneys instructions in October to compile and examine information, presentations, internal conversations, and emails pertaining to the advertising initiatives.
Published 10 Dec 2024 10:23 PM
After Barcelona loses against Girona, Real Madrid wins their record-tying 36th Spanish league title.
With four games left, Real Madrid ended the suffering of its Spanish opponents and secured the league title on Saturday. This came just in time for Real Madrid to fully concentrate on its Champions League semifinal matchup against Bayern Munich.Madrid performed as predicted, defeating relegation-threatened Cadiz 3-0, despite using only bench players. Coach Xavi Hernández acknowledged that Barcelona's 4-2 loss to Girona was emblematic of his team's trophy-less season.With just 12 points still to play, Girona overtook Barcelona in second place, and Madrid was able to capture its record-extending 36th Spanish league title thanks to a sequence of results that left them with an overwhelming 13-point disadvantage.Madrid would have celebrated the title on Saturday if Barcelona had prevailed at Girona.Now Madrid gets the opportunity to add to its record 14 European Cup victories. After a 2-2 first-leg stalemate in Germany, Madrid hosts Bayern on Wednesday in their Champions League semifinal matchup. Borussia Dortmund or Paris Saint-Germain will be waiting for the victor of the June 1 final. The club announced that it will postpone the customary victory celebration in downtown Madrid until next Saturday in order to focus on its crucial matchup with Bayern. Coach Carlo Ancelotti of Real Madrid declared, "We deserved this league title in every way," following his team's second league title and 12th trophy overall in his two years at the team."We want to celebrate with all of the supporters, but they know that we have a big battle coming up on Wednesday. We want to be well-prepared to please the supporters, and on Saturday, we will all celebrate the victory together. After Karim Benzema left in the summer and Thibaut Courtois, the goalkeeper, and defenders David Alaba and Eder Militao suffered major leg injuries, Madrid looked to be back on track to challenge reigning champion Barcelona at the beginning of the season. But after joining from Borussia Dortmund, Jude Bellingham developed into a prolific striker. Madrid was far ahead of the opposition thanks to his goals and midfield leadership as well as Vinícius Júnior's dribbling, pace, and goals.Madrid has won both of its league "clasico" matches against Barcelona, has only lost once in 34 rounds overall, and has delivered Girona two crushing defeats in their two encounters.Replicas Before the match against Bayern, Shine Ancelotti made significant changes to his starting eleven. The only player that started the first leg against Bayern and started against Cadiz was center-back Nacho Fernández. At the Santiago Bernabeu on Saturday, in the 51st minute, Brahim Díaz scored a goal from the edge of the box into the top corner, shattering Cadiz's defense. Moments after entering the game as a replacement, season MVP Bellingham scored his 18th league goal of the year to effectively seal the victory. In injury time, Joselu Mato added a third. Champions League play for Girona In addition to losing to Girona in the Catalan derby, which was their second major defeat of the season, Xavi's team also watched Madrid win the title as a result of their defeat. Barcelona dropped to third position, 14 points behind Madrid, as Girona overcame them. Girona opened a 13-point lead over Athletic Bilbao in fifth place, securing a top-four finish and Champions League spot. Girona is now poised to raise a problem for UEFA, whose regulations aim to safeguard the Champions League against the presence of two or more clubs owned by the same entity. Both Girona and Manchester City are members of the Abu Dhabi royal family-supported City Football Group. Girona has the ability to deny Barcelona of
Published 06 May 2024 01:36 PM
Meta Allows EU Users to Access Instagram, Facebook, Messenger Separately to Comply With Regulations
"Users in the European Union, European Economic Area, and Switzerland will be able to disable information sharing across all of Facebook parent company Meta's apps. Residents in these areas will therefore be able to use Facebook and Instagram independently, even if they are linked on the network. In the meanwhile, Meta is going to alter the way messaging functions on its Marketplace platform and enable users to create a Messenger account that is separate from their Facebook account. Users in the EU, EEA, and Switzerland who have already linked their Facebook and Instagram accounts can keep using them or unlink them ""so that their information is no longer used across accounts,"" according to a detailed post from the company outlining the changes being made to comply with regulations — the EU's Digital Markets Act (DMA) — that Meta and other businesses must comply with. A month after cross-app chats between Instagram and Messenger were disabled, Meta made its announcement. Three years after CEO Mark Zuckerberg declared that Meta would enable cross-platform chat, the company restricted messaging to individual platforms. In December, it also enabled support for Messenger's end-to-end encrypted (E2EE) chats. "
Published 23 Jan 2024 03:54 PM
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Tom Cruise's Mission: Impossible: Final Reckoning Receives a 5-Minute Standing Ovation at Cannes 2025. View Nighttime Photos
According to The Hollywood Reporter, Hollywood actor Tom Cruise arrived at the Cannes Film Festival in style on Wednesday night, thrilling fans as he made his way to the premiere of his new movie, "Mission: Impossible -- The Final Reckoning."Christopher McQuarrie, his longtime partner and director, accompanied the 61-year-old actor on the red carpet. The star was spotted signing autographs and taking photographs with admirers. When fans saw the actor, they were also seen waving posters and other items from Cruise's previous movies, such as Mission: Impossible II and The Last Samurai. According to The Hollywood Reporter, some even made a little homage to Cruise's Top Gun co-star Val Kilmer. This time, after its Wednesday debut at the Grand Theatre Lumiere, Tom Cruise's film earned a thunderous 5-minute standing ovation.It was seen that the Hollywood celebrity thanked the festival attendees. He reflected on his thirty years as the face of Mission: Impossible and remarked, "I'm very grateful to be a part of this franchise."The actor also gave the director, who has directed four of the franchise's movies, respect. Tom Cruise referred to the filmmaker as "absolutely brilliant," saying, "Every step of the way, what you've done, how you've expanded it, how you just went beyond our expectations." "I couldn't have imagined anything like this as a child, to be here in Cannes and have these moments," he remarked. "I'm really appreciative that I've been able to amuse you with this franchise for thirty years."
Published 15 May 2025 03:33 PM
Did you enjoy Priyanka Chopra's Swiss vacation album? The top five destinations
Priyanka Chopra's trip to Switzerland is filled with "Bollywood dream" and winter beauty. See these locations to discover the wonders of Switzerland.Priyanka Chopra's trip to Switzerland let her to relive her "Bollywood dream" as she spun around idly in the snow. This alludes to Switzerland's Desi connection and suggests that Yash Chopra enjoys using the country as a backdrop for the majority of the songs in his movies. In her Instagram post, she featured her enjoying the snowfall while playing Chandni's popular song, Chandni O Meri Chandni.The actor also revealed snippets of her journey through snow-covered pine forests, vivid green valleys, and snow-capped mountains. Switzerland's gorgeous ambiance is almost unreal, reminiscent of a scene from a winter wonderland.Many people have Switzerland on their bucket list of places to visit. With its glistening lakes, breathtaking train journeys, beautiful scenery, and a hearty culinary experience of premium Swiss chocolate, coffee, and cheese treats, it feels like a perfect fairytale. Switzerland is a once-in-a-lifetime experience rather than just a travel destination. Make sure to visit these locations and add Switzerland to your bucket list. Try traveling to Switzerland by train; the sights of the captivating journey are almost like those of the Hogwarts train.Nestled between Lake Thun and Lake Brienz is the charming village of Interlaken. With so many outdoor activities to choose from, including hiking, paragliding, and skiing, it's ideal for adventure seekers. Additionally, boat cruises in the picturesque lakes provide expansive views of the mountains and lush vegetation. The views of the valley from Harder Klum are amazing. To reach the high summit, a funicular ride (vertical rail) is taken. A statue honoring the late director Yash Raj Chopra can be found in Interlaken.
Published 16 Oct 2024 05:59 PM
Dollar Strengthens on Hopes of Improved U.S.-EU Trade Ties
The U.S. dollar edged higher on Monday as markets reacted positively to a newly signed trade agreement between the United States and the European Union. The pact focuses on lowering tariffs and easing trade procedures, signaling a potential thaw in years of economic tension. The greenback gained 0.4% against the euro and saw modest advances against other major currencies. Analysts say the agreement has boosted investor confidence, with expectations that improved trade flow could support U.S. economic growth. Although it is still in the early stages, the deal focuses on industrial goods and seeks to simplify regulatory rules. Officials from both sides expressed optimism that the pact could pave the way for broader cooperation in the future. Currency traders responded quickly, shifting toward the dollar in anticipation of a more stable trade environment. Attention now turns to upcoming U.S. economic data, which may offer further clues on the dollar’s direction.
Published 29 Jul 2025 01:21 PM
Deutsche Börse pays €3.9 billion to acquire SimCorp.
In the buyout deal, Deutsche Boerse acquires more than 90% of SimCorp's shares. The amount is an estimate, and by the end of the week, it hopes to release an official figure that will enable the deal to conclude within the next five working days. The combination of SimCorp's investment management software and Deutsche Boerse's data, which was revealed in April, has been hailed by the management of Deutsche Boerse as a critical component of the company's future strategy. Furthermore, Deutsche Börse has published a notice on the compulsory acquisition of the shares held by the remaining minority owners in SimCorp, in accordance with sections 70–72 of the Danish Companies Act. Deutsche Börse publicly requests that all surviving minority SimCorp owners transfer their SimCorp shares to Deutsche Börse within the mandatory acquisition notice period, which ends on October 30, 2023, at 23:59 (CEST) and lasts for four (4) weeks. Cash payment will be accepted for the mandatory purchase of SimCorp shares, which have a nominal value of DKK 1.00 and will be made at a cost of DKK 735 per share. The SimCorp Board of Directors has taken note of the fact that the mandatory purchase is being carried out at the same price per share (DKK 735) as the offer made to the shareholders. The Board of Directors cites its June 7, 2023, announcement about the Offer.
Published 18 Jan 2024 03:45 PM
European Commission and EU College of Commissioners President Ms. Ursula von der Leyen's visit to India
The European Commission President Ms. Ursula von der Leyen and Prime Minister Shri Narendra Modi both confirmed that the EU-India Strategic Partnership has greatly benefited both their respective populations and the greater good of the world. Building on more than 30 years of India-EC Cooperation Agreement and 20 years of India-EU Strategic collaboration, they pledged to advance this collaboration.On February 27–28, 2025, President von der Leyen led the European Union College of Commissioners to India on her historic official visit. This is the first time the College of Commissioners has traveled outside of Europe since the beginning of their new mandate, and it is also the first time in the history of bilateral relations between the EU and India. India and the EU, the two biggest democracies and open market economies with diverse pluralistic communities, reaffirmed their shared interest and dedication to creating a robust multipolar global order that supports economic growth, sustainable development, and peace and stability. The leaders concurred that India and the EU are trustworthy and like-minded partners because of their shared values and principles, which include democracy, the rule of law, and a rules-based international order in accordance with the goals and tenets of the UN Charter. More than ever, the India-EU strategic partnership is required to work together to address global concerns, maintain stability, and advance prosperity for both parties.The significance of enhancing collaboration between India and Europe in the areas of trade and supply chain de-risking, investment, emerging critical technologies, talent, innovation, the digital and green industrial transition, the space and geospatial sectors, defense, and people-to-people interactions was emphasized in this context. They also emphasized the necessity of working together to address shared global issues such as terrorism in an interdependent world, development finance, artificial intelligence governance, and climate change.
Published 02 Mar 2025 08:36 PM
France and India Decide To Step Up Their Collaboration In The Southwest Indian Ocean
Building on their joint surveillance missions conducted from the French island of La Reunion in 2020 and 2022, India and France have decided to step up their cooperation in the Southwest Indian Ocean. The two nations applauded the expansion of those exchanges into India's maritime neighborhood as well. Following French President Emmanuel Macron's visit to India for the Republic Day celebrations, the two countries released a joint statement suggesting that these interactions could have a positive impact on the securitization of strategic sea lanes of communication.The leaders emphasized how important the area is to their individual sovereign and geopolitical goals. The importance of their partnership in the region for the development of a free, open, inclusive, safe, and peaceful Indo-Pacific and beyond was also acknowledged. Citing the July 2023 finalized Comprehensive Roadmap for the Indo-Pacific, they conveyed satisfaction with the growing scope of their involvement in the area.The joint statement states that the India-France partnership in the Indo-Pacific area, which encompasses a wide range of bilateral, multinational, regional, and institutional initiatives, particularly in the Indian Ocean Region, has its foundation in the defence and security partnership. According to the statement, PM Modi and French President Macron promised to revive trilateral cooperation with Australia, strengthen their relationship with the UAE, and look into establishing new ones in the area.The two leaders requested that their governments come up with specific project ideas after realizing the value of cooperative and multilateral efforts in promoting human welfare, resilient infrastructure, innovation, and connectivity in the region as well as sustainable economic development. In the joint statement, the two leaders also demanded that the Indo-Pacific Triangular Development Cooperation Fund be established as soon as possible to help with the expansion of green technology development in the area. They decided to look into ways to coordinate Pacific-wide economic initiatives and programs. The French Development Agency was acknowledged by both leaders for its work in India. The two leaders talked about how the India-Middle East-Europe Corridor (IMEC) was introduced in September 2023 in Delhi, outside of the G20 Summit. Prime Minister Modi received praise from President Macron for spearheading this momentous project. Both leaders concurred that this project would be extremely important strategically and would improve the potential and robustness of the energy and trade flows between Europe, the Middle East, and India.The project's Special Envoy, President Macron, was duly appointed, a development that Prime Minister Modi welcomed. The two leaders also recalled talking about other connectivity projects that would connect Southeast Asia to the Middle East and Africa during their July summit in Paris, and they decided to look into particular projects. PM Modi and President Macron reaffirmed their call for effective multilateralism that is reformed in order to address urgent global challenges, maintain a just and peaceful international order, and get the world ready for new developments, particularly in the economic and technological spheres. PM Modi and President Macron reaffirmed their call for effective multilateralism that is reformed in order to address urgent global challenges, maintain a just and peaceful international order, and get the world ready for new developments, particularly in the economic and technological spheres. France reaffirmed its unwavering support for India's UNSC permanent membership. The two leaders decided to have more in-depth discussions about how to govern the use of the veto in the event of mass atrocities. The two leaders concurred that the Paris Global Financing Summit and the G20 Summit in Delhi had highlighted the necessity of reforming Multilateral Development Banks to make them larger, better, and more efficient in order to be able to address the related issues of climate change and development in developing and least developed nations.
Published 27 Jan 2024 06:46 PM
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Sports Trend
After Barcelona loses against Girona, Real Madrid wins their record-tying 36th Spanish league title.
Published 06 May 2024 01:36 PM
Thomas Tuchel to leave Bayern Munich after 2023-24 Bundesliga season
Published 22 Feb 2024 11:56 AM
Kylian Mbappe agrees to a Real Madrid move on a five-year deal,
Published 22 Feb 2024 11:54 AM
James Anderson Sets Audacious Goal Against India With 332 Runs
Published 05 Feb 2024 10:26 AM
Political Trends
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Events
Prague Gaming & Tech Summit 2024
The much anticipated PRAGUE GAMING & TECH SUMMIT will open in less than two weeks thanks to the #hipthers. As previously announced in press releases, Vienna House Andel's Prague will host the 2023 Prague Gaming & TECH Summit on March 29–30. The event will include new features to enhance delegate participation and expand on the content. In addition to the high-quality content presented in the keynote speeches and panel discussions, a select group of delegates will have the opportunity to participate in five roundtable conversations focused on specific regions. Below are the brief details of the event- Location: Prague, Czech Republic Date: 25th Mar - 27th Mar Website: https://hipther.com/events/prague/ An important event in the Central and Eastern European region that brings together top players including C-Levels and Government representatives from various categories like iGaming, eSports, Blockchain, AI, Fintech, and more. For the past seven years, the Prague Gaming & TECH Summit has brought together numerous industry stakeholders through seminars and meetings. In addition to offering a wide range of information, the event allows attendees to engage in some good networking. 300 people are expected to participate, 45 panels, two networking parties, 75 speakers, and the Vienna House Andel's Prague will host the event. One of the main features of the Prague Summit is the exclusive round table discussions, which provide attendees the opportunity to ask more complicated questions of the top expert with in-depth knowledge of each jurisdiction. Every nation is given a round table where a maximum of five delegates can participate and draft questions for the specialists. Co-founder of the Institute for Gambling Regulation Václav Ulrich will chair the roundtable discussion regarding Czechia. Legal Advisor at Legal Gaming Attorneys at Law Antti Kovula will lead the roundtable discussion about Finland. Dan Iliovici, Vice President of Rombet, will chair the roundtable discussion regarding Romania. Piotr Dynowski, Partner/Attorney in Law/Head of IP/Media/Tech&Comms Practice at Bird & Bird Poland, will facilitate the roundtable discussion about Poland. The There are 3 types of tickets available- Combo Pass: €679 (valid through March 20, 2024) Three nights at the boutique, four-star Vienna House Andel's Prague (check-in on March 25; check-out on March 28) Access to the entire two-day conference schedule Networking opportunities, such as the opening party on March 25. Lunches for networking on March 26 and 27 Online networking platform access Business logo on the conference landing page access Evening social networking on March 26 and 27 Post-conference recordings Delegate Pass: €379 (valid through March 20, 2024) Access to the entire two-day conference schedule. Networking opportunities, such as the opening party on March 25. Lunches for networking on March 26 and 27. Online networking platform access Business logo on the conference landing page access. Evening social networking on March 26 and 27 Post-conference recordings Group Pass: €719 for three tickets (available until March 20, 2024) Three delegate passes Entry into the two-day conference program Networking events, such as the opening party on March 25 Lunches for networking on March 26 and 27 Use of the online networking platform Logo of the company on the conference landing page Entry into social networking in the evening on March 26 and 27 Access to post-conference recordings
EventsGadgets Trend
After the Realme Note 50, two Realme Note Series phones are planned for 2024; however, they may not reach India.
The Realme Note 50, the company's first smartphone to bear the Note brand, is scheduled to launch officially on January 23. It has been confirmed that the entry-level smartphone will have an IP54 dust and splash resistance build, a 6.7-inch HD+ display, and a Unisoc chip. Francis Wong, the global marketing director and CEO of Realme Europe, has now made hints about the release of two additional Note series smartphones later this year. According to reports, the company wants to sell 10 million units by 2024. On January 23, the Philippines will host the announcement of the first Realme Note smartphone. Francis Wong (via GSMArena) has disclosed that Realme plans to release two more Note smartphones in the upcoming months in order to increase the number of devices in the lineup. The Note lineup from Realme will be positioned in the sub-$100 (approximately Rs. 8,000) market. The series could be positioned below Redmi's Note series by the company. By 2024, Realme wants to have sold 10 million Note series phones. The Note smartphones won't, however, be available in India. China, the home country of the company, will likewise be excluded from the Note lineup. Note smartphones will make their debut in the Philippines, Vietnam, Thailand, Italy, Bangladesh, and Myanmar, as Realme's Vice President Qi Chase has already announced. The Realme Note 50 will be announced on January 23 in the Philippines. It is teased to come with a price tag of PHP 3,599 (roughly Rs. 6,000). The handset is confirmed to feature a 6.7-inch HD+ display with a 90Hz refresh rate. It has an IP54-rated build for dust and water resistance and a 7.99mm thickness.
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All Trending News in Europe
Ver.iD, a digital identification startup, raises €2 million and plans to raise €4 million to support its growth in Europe.
In order to grow ahead of the recent eIDAS 2.0 rule, Amsterdam-based Ver.iD, a software as a service platform for digital identity verification, has announced that it has raised €2 million in angel capital.The platform is getting ready for a fresh €4 million investment round to boost its European expansion in the wake of this recent funding round."Ver.iD allows businesses to obtain only the necessary consumer data at a time when news stories are dominated by AI-driven fraud and data breaches. Ver.iD co-founder Robert van Altena states, "This guarantees privacy while making onboarding and verification processes faster, safer, and more user-friendly."Ver.iD, which was founded in 2022, offers businesses and governments a simple-to-use solution for digital identification verification. Ver.iD is completely compliant with modern security standards, such as ISO27001, NIS2, and DORA, and gives consumers complete control over the information they disclose while guaranteeing a smooth experience for businesses. The new European digital identification regulation, eIDAS 2.0, which goes into effect in 2024, has made it more urgent than ever to have safe and easy-to-use solutions in place. Public and private entities, such as banks, energy suppliers, and insurance companies, will have to include digital ID applications into their operations by 2026.Ver.iD intends to play a significant role in this change by providing a solution that minimizes data breaches, fights fraud, and improves user experience while guaranteeing compliance. Ver.iD has been compared to Adyen, another Dutch company that enables companies to take payments via point-of-sale, mobile, and e-commerce. "Ver.iD offers a similar service for identity apps, just as Adyen helps businesses integrate multiple payment methods and lets customers choose their preferred payment method," claims Ver.iD. While consumers can still choose their favorite identity app, the platform enables businesses to easily incorporate ID wallets and digital identification techniques. Leading organizations already use Ver.iD's platform for both experimental (or "change") and daily (or "run") operations, such as: Nationale Nederlanden and Verbond van Verzekeraars:
Published 02 Jan 2025 10:09 PM
According to the management of Stellantis, Italy may emerge as the continent's second-largest automaker.
Reuters, Rome Ahead of negotiations with the Rome government, one of Stellantis' top managers stated in an Italian TV appearance on Monday that Italy may emerge as Europe's second-largest automaker in the next five years.At a meeting he is scheduled to host in Rome on December 17 with trade unions, Industry Minister Adolfo Urso has stated that he anticipates the carmaker to provide a concrete plan to restore flagging production in Italy. "I can say something that I will confirm very clearly on the 17th: for me, Italy will become the second European market in terms of manufacturing in 2029," Jean-Philippe Imparato, who headed the expanded Europe operations, told the public broadcaster Rai.Later on Monday, his taped interview was scheduled to air. Extend the article's logo Go on reading Italy was the seventh-largest European automaker last year, after Germany, and would have to surpass countries like France and Spain to win the second spot, according to the International Organization of Motor Vehicle Manufacturers.
Published 16 Dec 2024 08:16 PM
"Google in Russia" Yandex sells local assets to expand in Europe.
The majority of its Russian assets have been sold off by the parent company of Yandex, the biggest tech business in Russia and the equivalent of Google in that nation.The agreement gives the Dutch parent business the freedom to expand in Europe, freeing up its hundreds of highly qualified tech workers who left the nation. Its intentions include creating four AI-focused firms, which would be a major entry into the market at a time when competition is intensifying.A haircut from the Kremlin The Dutch parent company of Yandex, which is listed on the Nasdaq, has sold 72% of its Russian business to a group of investors, including Russian oil giant Lukoil, and members of the company's former management. In July, the final 28% of the deal will be completed. According to Russian government regulations on exits for Western corporations, the purchase, which was announced in February after 18 months of discussions, valued the company at $5.2 billion and required a 50% valuation decrease. Yandex was valued at $30 billion at its height.Founded during the dotcom boom of the 1990s, Yandex launched its main search engine in 1997. After that, it added online games, a music streaming service, an online map product, and a ride-hailing service to its list of offerings. The company's plan to become a global internet giant was thwarted by the conflict. Foreign investors stayed away from it, and many of its employees fled the nation. In June 2023, the European Union imposed sanctions on Arkady Volozh, a cofounder of Yandex. In March of this year, the restrictions against him were removed. Currently, Volozh resides in Israel.Negotiations for the sale of Yandex's Russian assets required months of political backstabbing because the Kremlin considered the company to be strategically and economically significant. Putin's spokesperson, Dmitry Peskov, described the business as "one of the largest companies and one of the economy's national champions in high tech," according to Russian newswire Interfax. "The company's continued operations in the nation are important to us."
Published 16 Dec 2024 08:04 PM
Brussels is looking for further details on covert Google-Meta ad targeting of teenagers.
Dec. 10 (Reuters): The Financial Times said on Tuesday that Google has been questioned by European regulators on its now-canceled covert advertising deal with Instagram parent company Meta Platforms, which disregarded the search engine giant's guidelines regarding the treatment of minors online.disclosed in August how Google assisted Meta in a covert marketing campaign aimed at 13–17-year-old YouTube users, controlled by Alphabet (GOOGL.O), with the goal of promoting Meta's (META.O) According to FT, the relationship has subsequently been canceled. It was originally set to expand to the U.S. and then to other countries. According to the most recent FT story, which cited persons familiar with the situation, European Commission officials have been investigating the collaboration and have forwarded the data to regulators who are considering taking action. According to the article, the executives gave Alphabet's attorneys instructions in October to compile and examine information, presentations, internal conversations, and emails pertaining to the advertising initiatives.
Published 10 Dec 2024 10:23 PM
Did you enjoy Priyanka Chopra's Swiss vacation album? The top five destinations
Priyanka Chopra's trip to Switzerland is filled with "Bollywood dream" and winter beauty. See these locations to discover the wonders of Switzerland.Priyanka Chopra's trip to Switzerland let her to relive her "Bollywood dream" as she spun around idly in the snow. This alludes to Switzerland's Desi connection and suggests that Yash Chopra enjoys using the country as a backdrop for the majority of the songs in his movies. In her Instagram post, she featured her enjoying the snowfall while playing Chandni's popular song, Chandni O Meri Chandni.The actor also revealed snippets of her journey through snow-covered pine forests, vivid green valleys, and snow-capped mountains. Switzerland's gorgeous ambiance is almost unreal, reminiscent of a scene from a winter wonderland.Many people have Switzerland on their bucket list of places to visit. With its glistening lakes, breathtaking train journeys, beautiful scenery, and a hearty culinary experience of premium Swiss chocolate, coffee, and cheese treats, it feels like a perfect fairytale. Switzerland is a once-in-a-lifetime experience rather than just a travel destination. Make sure to visit these locations and add Switzerland to your bucket list. Try traveling to Switzerland by train; the sights of the captivating journey are almost like those of the Hogwarts train.Nestled between Lake Thun and Lake Brienz is the charming village of Interlaken. With so many outdoor activities to choose from, including hiking, paragliding, and skiing, it's ideal for adventure seekers. Additionally, boat cruises in the picturesque lakes provide expansive views of the mountains and lush vegetation. The views of the valley from Harder Klum are amazing. To reach the high summit, a funicular ride (vertical rail) is taken. A statue honoring the late director Yash Raj Chopra can be found in Interlaken.
Published 16 Oct 2024 05:59 PM
EU Verifies Tariffs on EVs Manufactured in China
As per the EU Commission, new import duties will go into effect on Friday and last for at least four months.A number of automakers, whose executives fear retaliation from an intensifying trade war, had hoped for a solution, but their dreams were dashed when the European Union reaffirmed intentions to apply extra duties on Chinese-made electric cars. Following a nine-month study, the EU has agreed to add temporary tariffs to the current 10 percent import charge on electric vehicles coming from China, for a total import duty of almost 48 percent.three hours prior
Published 05 Jul 2024 05:30 PM
Due on Tuesday are new Biden duties on Chinese EVs, solar energy, and medical supplies.
May 9, Washington, D.C./San Francisco (Reuters) - As early as next week, U.S. President Joe Biden is expected to unveil further tariffs on China that would target vital industries and include a significant increase in taxes on electric vehicles (EVs), according to three sources with direct knowledge of the situation.One of the persons said that the entire statement, which is anticipated on Tuesday, will uphold the current tariffs that former President Donald Trump imposed on a variety of Chinese imports.However, one of the persons said that in addition to raising EV taxes, it will also impose new levies on semiconductors and solar equipment. Additional duties are imposed on Chinese-made medical items, such as syringes and personal protective equipment, sources told Reuters.One of the persons stated that the Biden administration has targeted specific industries in its revision of the so-called "Section 301 tariffs," citing them as areas of critical competitiveness and national security. The eagerly awaited tariff update follows some MPs' demands for steep increases in levies on Chinese automobiles. Currently, imports of light-duty automobiles manufactured in China are rather rare.According to persons familiar with the situation, the Wall Street Journal stated that under the new Biden plan, tariffs on Chinese electric vehicles would nearly treble. Sherrod Brown, the chairman of the Senate Banking Committee, is worried that Chinese EVs could compromise the privacy of American citizens and wants the Biden administration to outright ban them.The office of the U.S. Trade Representative submitted suggestions to the White House some weeks ago, but internal debates have caused a delay in the official release, according to sources. Some sources stated that it might arrive after Tuesday.
Published 12 May 2024 08:11 PM
After Barcelona loses against Girona, Real Madrid wins their record-tying 36th Spanish league title.
With four games left, Real Madrid ended the suffering of its Spanish opponents and secured the league title on Saturday. This came just in time for Real Madrid to fully concentrate on its Champions League semifinal matchup against Bayern Munich.Madrid performed as predicted, defeating relegation-threatened Cadiz 3-0, despite using only bench players. Coach Xavi Hernández acknowledged that Barcelona's 4-2 loss to Girona was emblematic of his team's trophy-less season.With just 12 points still to play, Girona overtook Barcelona in second place, and Madrid was able to capture its record-extending 36th Spanish league title thanks to a sequence of results that left them with an overwhelming 13-point disadvantage.Madrid would have celebrated the title on Saturday if Barcelona had prevailed at Girona.Now Madrid gets the opportunity to add to its record 14 European Cup victories. After a 2-2 first-leg stalemate in Germany, Madrid hosts Bayern on Wednesday in their Champions League semifinal matchup. Borussia Dortmund or Paris Saint-Germain will be waiting for the victor of the June 1 final. The club announced that it will postpone the customary victory celebration in downtown Madrid until next Saturday in order to focus on its crucial matchup with Bayern. Coach Carlo Ancelotti of Real Madrid declared, "We deserved this league title in every way," following his team's second league title and 12th trophy overall in his two years at the team."We want to celebrate with all of the supporters, but they know that we have a big battle coming up on Wednesday. We want to be well-prepared to please the supporters, and on Saturday, we will all celebrate the victory together. After Karim Benzema left in the summer and Thibaut Courtois, the goalkeeper, and defenders David Alaba and Eder Militao suffered major leg injuries, Madrid looked to be back on track to challenge reigning champion Barcelona at the beginning of the season. But after joining from Borussia Dortmund, Jude Bellingham developed into a prolific striker. Madrid was far ahead of the opposition thanks to his goals and midfield leadership as well as Vinícius Júnior's dribbling, pace, and goals.Madrid has won both of its league "clasico" matches against Barcelona, has only lost once in 34 rounds overall, and has delivered Girona two crushing defeats in their two encounters.Replicas Before the match against Bayern, Shine Ancelotti made significant changes to his starting eleven. The only player that started the first leg against Bayern and started against Cadiz was center-back Nacho Fernández. At the Santiago Bernabeu on Saturday, in the 51st minute, Brahim Díaz scored a goal from the edge of the box into the top corner, shattering Cadiz's defense. Moments after entering the game as a replacement, season MVP Bellingham scored his 18th league goal of the year to effectively seal the victory. In injury time, Joselu Mato added a third. Champions League play for Girona In addition to losing to Girona in the Catalan derby, which was their second major defeat of the season, Xavi's team also watched Madrid win the title as a result of their defeat. Barcelona dropped to third position, 14 points behind Madrid, as Girona overcame them. Girona opened a 13-point lead over Athletic Bilbao in fifth place, securing a top-four finish and Champions League spot. Girona is now poised to raise a problem for UEFA, whose regulations aim to safeguard the Champions League against the presence of two or more clubs owned by the same entity. Both Girona and Manchester City are members of the Abu Dhabi royal family-supported City Football Group. Girona has the ability to deny Barcelona of
Published 06 May 2024 01:36 PM
Eiffel Tower shuts down for visitors amid protest
"Overview Due to a planned labor strike, the Eiffel Tower is currently unavailable to guests. Before visiting the famous structure, guests are urged to check the official Eiffel Tower website for any updates regarding the current strike and if the landmark is open to the public. Check for messages about the electronic ticket you already purchased if you haven't already. The world-famous and iconic monument is temporarily closed to tourists for all purposes, so travelers who are planning to see it while in Paris may need to adjust their travel plans. Due to a planned labor strike, the Eiffel Tower is currently unavailable to guests. Before visiting the famous structure, guests are urged to check the official Eiffel Tower website for any updates regarding the current strike and if the landmark is open to the public. Check for messages about the electronic ticket you already purchased if you haven't already. Renowned for its magnificence and historical relevance, the Eiffel Tower normally opens for visitors on a daily basis. There have, however, occasionally been closures for a variety of reasons. The December one, which took place over the joyous Christmas and New Year's holidays, was caused by a labor strike centered on contract talks. Demands for just compensation and improved maintenance of the Eiffel Tower are the driving forces behind the current strike. Given that the Eiffel Tower is currently closed, let's examine some of the most fascinating facts about this iconic and frequently visited landmark in the world. The following are some amazing details regarding the Eiffel Tower: Rapid construction: It took just two years, two months, and five days to build the Eiffel Tower! The monument was a feature of the Paris World's Fair in 1889, which commemorated the French Revolution's 100th anniversary. highest building of its era: At 324 meters (1,063 feet) tall when it was finished, the Eiffel Tower was the world's highest man-made building. Most despised in Paris: The Eiffel Tower wasn't doing that well, despite popular belief. Despite being widely regarded as a romantic symbol, the monument was deeply despised by some people. One such ""hater"" was the well-known French author Guy de Maupassant, who, according to stories, had lunch every day in the restaurant atop the Eiffel Tower since it was the only spot in the entire city where the tower was hidden from view. The monument was hated by many French artists, who even referred to it as a hideous eyesore. Hurt! "
Published 22 Feb 2024 12:10 PM
Thomas Tuchel to leave Bayern Munich after 2023-24 Bundesliga season
"As a result of the squad's ongoing lack of consistency, the Bayern management was frustrated when Tuchel joined the team in March to take Julian Nagelsmann's place. After three straight losses increased the likelihood of the team experiencing its first trophy-free season in twelve years, Bayern Munich coach Thomas Tuchel will depart the team at the end of the current campaign. The decision was reportedly taken during a meeting between Tuchel and Jan-Christian Dreesen, the club's chief executive. Tuchel's deal was set to expire at the conclusion of the 2024–2025 campaign. The team has not yet announced Tuchel's replacement. Tuchel's resignation was officially announced by Bayern CEO Jan-Christian Dreesen on Wednesday. The announcement said: ""After a constructive and transparent dialogue, we have decided to jointly conclude our summertime partnership. For the 2024–2025 season, we intend to implement a sporting realignment under a new coach. Up until that point, each and every member of the team is specifically tasked with doing their absolute best in the Bundesliga and Champions League. I also hold the team members directly accountable. We are confident that, with the support of our supporters, we will proceed to the quarterfinals in the second leg of the Champions League at our totally packed Allianz Arena, following the 0-1 loss in the first leg at Lazio Rome. ""We have decided that we will end our collaboration after this season,"" Tuchel continued. Naturally, my coaching staff and I will keep working as hard as we can till then Of course, we'll keep working as hard as we can to guarantee the best possible outcome. As a result of the squad's ongoing lack of consistency, the Bayern management was frustrated when Tuchel joined the team in March to take Julian Nagelsmann's place. Tuchel's club won the Bundesliga last year for the eleventh time in a row, but they had to eke out a victory over title rival Borussia Dortmund on the last day of play to win on goal differential. Following their losses on Sunday to Bochum, Lazio, and Bayer Leverkusen, Bayern is now eight points behind league leader Leverkusen and will be eliminated in the round of 16 of the Champions League. In one of the biggest upsets in the history of the sport, Bayern was already eliminated from the German Cup in October by Saarbruecken, a team in the third division. Utilizing AP inputs"
Published 22 Feb 2024 11:56 AM
Kylian Mbappe agrees to a Real Madrid move on a five-year deal,
"The 17-year-old Anmol Kharb was instrumental in India's 2-2 victory in three close games. She discusses picking badminton, advice from Sindhu and coach Gopichand, and other topics in this interview. When the Badminton Association of India made the wise decision to choose senior national champions for the Asian Team Championships, Anmol Kharb was content to have the chance to compete against elite international opponents. But the 17-year-old has returned, both with the beginning of an enduring love for chocolate bubble tea and a historic gold medal for India, who defeated Thailand 3-2. The Malaysian miracle youngster, like a happy song before the depressing Indian women's badminton scenario ends, talks about her incredible past five days. Take-outs: What does it feel like to win gold and become the sixth rubber specialist in India? Anmol Kharb: I feel really good about it. I played the Indian team in the finals, to start. That made the team's entire medal journey simpler. I was grateful for everyone's support and for reaching the semifinals. How did you approach the fifth and final important matches against China, Japan, and Thailand? Anmol Kharb There was no pressure; all I had to do was give it my all. For the first time, I was participating in an international tournament overseas, but everyone assured me that a win or a loss would not matter.What guidance did coach P Gopichand and PV Sindhu provide you? Anmol Kharb: ""If one point goes, stop thinking about it and just focus on the next one,"" Sindhu di would constantly remind me. Bolke, forget it, aage badho. Gopichand, sir, added, ""If point goes, no problem."" When rallies grew longer, I became a little concerned. I'm just a human, and I grew exhausted. He only advised not displaying your weariness to your opponent. Present a solid, upright posture as you confront the following point. You'll get the next point after that. That's precisely what took place. Why did you give up speed skating to play badminton instead? Anmol Kharb: When I skated, other opponents would frequently push me from behind. I became tired of having cuts and bruises on my foot all the time. It was indoors for badminton. What about badminton appeals to you the most? Who are some of your role models? Anmol Kharb: Hard-hitting badminton is my thing. I enjoy my own game the most. People frequently compare me to Saina di and comment on how similar our gaming styles are. I enjoy the game of Tai Tzu Ying outside of India. because of how dishonest it is. But I don't have enough time to practice and observe her shots so I can incorporate them into my game."
Published 22 Feb 2024 11:54 AM
James Anderson Sets Audacious Goal Against India With 332 Runs
James Anderson, an experienced bowler for England, observed that India's batting strategy in the second innings was cautious on Sunday and expressed that "nerves were there to see" as the powerful hosts were unsure of a safe target against their "Bazball" approach. Day three saw England set a target of 399, but it appeared they would end up chasing much more in the afternoon session. India had a 370-run lead at teatime (227 for 6), but their long tail was not wagging again as they could only muster 28 runs in 14.3 overs in the last session. "I believe that today's performance demonstrated their nerves; they batted without knowing how many was enough. In the second innings, India's batting strategy was cautious, according to veteran England pacer James Anderson, who said that "nerves were there to see" as the powerful hosts were unsure of a safe target against their "Bazball" approach. On the third day, England was supposed to chase 399, but it appeared like they would end up chasing much more in the afternoon session. At tea, India had a 370-run lead at 227 for six. However, in the final session, their long tail was not wagging as they could only muster 28 runs in 14.3 overs. "I believe that they showed nerves today by batting so many times that they weren't sure how many was enough.Even tonight, he was itching to go out there and chase those runs down. We have prepared our stall; tomorrow won't be any different; we'll play in the same manner as we have for the previous two years. The 41-year-old, who bowled the best two innings for England, said, "Whether we win or lose, it's not relevant because we are extremely competitive and want to win every game we play, but we want to play in a certain way." With their ultra-aggressive style, Anderson claimed England has revolutionized Test cricket and cast doubt on the minds of their opponents.Over the past two years, especially in the last twelve months, there have been times when the way teams have responded leads us to believe that we're doing something right. Returning to the Ashes, the fact that the first ball of the Ashes has a point on the boundary tells us that we are doing something correctly. "I'm not sure if intimidating is the appropriate word, but it's creating a different mental image in the minds of the opposition and the captain. Today, it felt very much like that; they didn't seem to know what a good score against us would be. The wicket is still in good shape; the occasional player is keeping low, but that's to be expected. Additionally, Shubman performed exceptionally well today, which indicates that there are still points to be earned.
Published 05 Feb 2024 10:26 AM
