Tuesday, December 17, 2019

After a massive outcry over the police raid on Nginx Moscow offices, Rambler's board orders company execs to ask law enforcement to terminate the criminal case (Andrew Higgins/New York Times)

Andrew Higgins / New York Times:
After a massive outcry over the police raid on Nginx Moscow offices, Rambler's board orders company execs to ask law enforcement to terminate the criminal case  —  A case linked to a $670 million acquisition shows that there may be a limit to the authorities' abuse of law enforcement to advance corrupt business interests.



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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...