IT SECTOR

The biggest Russian search engine and Web portal «Yandex» postponed the primary placement of its shares (IPO) for an indefinite period. First public offering was planned for the third quarter of this year. Now the IPO could take place until May 2009 th, but only if the situation in financial markets will soon stabilize. IPO to be held in the U.S. high-tech NASDAQ stock market in Silicon Valley. June 20 «Yandex» even opened its own office in California - Yandex Laboratories, - headed by peremanil one of the top managers caught up in crisis Yahoo. Defectors Vish Mahidzhani was previously directed at Yahoo Search, and until then engaged in the same company Inktomi. Before the first half of 2009, Yandex Laboratories should have been a small representation of staff 10-12 staff. The official purpose of opening representative offices (in the version «Yandex») - to support the search quality. According to the guide, «Yandex» became a company of international standing, and it needs to maintain ...

The World Trade Organization (WTO) often becomes the latest instance in economic disputes developed nations. But rarely such proceedings relate to companies IT-industry. One of those rare cases occurred relatively recently. Conflict of interest This is not completed so far story began in June this year. Then the U.S. government and Japan sent a joint complaint with the WTO. They complained to the European Union, which in their view, charged with manufacturers of computer equipment unnecessary taxes. Specifically, it was about companies that produce computer monitors, printers and cable converters. The reason for the differences is that these groups when importing goods into the territory of the EU duty-free to reach 14%. Interestingly, however, that the major manufacturers of such equipment - China, Taiwan, Malaysia - claims not to the Europeans. In a sense, the root of the conflict - the International Agreement on Information Technology (International Technology Agreement - ITA), whic...