Thursday, February 20, 2025

Russian search and ad giant Yandex reports 2024 revenue up 37% YoY to a record ~$12.3B and expects 2025 revenue up 30%+, after splitting from Nebius Group (Reuters)

Reuters:
Russian search and ad giant Yandex reports 2024 revenue up 37% YoY to a record ~$12.3B and expects 2025 revenue up 30%+, after splitting from Nebius Group  —  Russian internet firm Yandex reported annual revenues above 1 trillion roubles ($11.22 billion) for the first time on Thursday …



Australia eSafety Commissioner study: social media platforms likely have ~1.3M under-13 Australian users, suggesting a lack of preparation for the under-16 ban (Angus Whitley/Bloomberg)

Angus Whitley / Bloomberg:
Australia eSafety Commissioner study: social media platforms likely have ~1.3M under-13 Australian users, suggesting a lack of preparation for the under-16 ban  —  - Study indicates over 1 million underage social media users  — Findings show lack of preparation for Australia's under-16 ban



An interview with Accel's Harry Nelis, who led early investments in Zepz and Kayak, on how the European startup industry has changed, the AI boom, and more (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times:
An interview with Accel's Harry Nelis, who led early investments in Zepz and Kayak, on how the European startup industry has changed, the AI boom, and more  —  The venture capital group's long-serving partner reflects on how the continent's start-up industry has evolved and discusses the AI boom



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...