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Showing posts with the label Board of directors

Yandex stop your production of its shares

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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 ...

IT-company began to repurchase its shares

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The financial crisis forced shake world markets, dramatically changed the behavior of the leading IT-corporations. Those that have only recently boasted popularity of its shares to investors now enjoy the moment and quickly buy up their own podeshevevshie securities. And these actions are not devoid of meaning: in a situation of instability and the lack of interesting investment projects profitable companies to invest in themselves. Microsoft has announced that it is ready to redeem their shares at U.S. $ 40 billion over five years. In addition, the company increased its quarterly dividend of one share at 18%, to 13 cents. According to the experts, all this shows that the direction Microsoft wants to return funds to shareholders, lost from the failed deal with Yahoo. Another, much more clear goal - to increase the value of their assets during the financial crisis. However, not all start now. Back in 2004, Microsoft announced four years to spend up to $ 30 billion to purchase its own sh...

Bill Gates leaves

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That leaves Microsoft Bill Gates, in principle, already knew quite a long time. Eventually, in 2000, he gave an old friend and naparniku Steve Balmeru armchair general director. And finally on 6 January at CES in Las Vegas, Bill Gates made his last keynote address as chairman of the Board of Directors of the corporation. Already in July, most of his duties will move successors. Thus will end career rights, Microsoft created in the 17 years since then, and never outgoing largest software corporation. Now the main intrigue - who will succeed Gates at his post? Well, it is understandable Steve Balmer will remain CEO. Now analysts (yet no official information), that Bill Gates will replace two top manager: Ray Ozzy (head of the software architecture) and Craig Mundy (head of research and strategy). A new leadership of the software development corporation to decide a lot of important tasks. In the first place, of course, is the development of Windows. The last major product released unde...