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Tech companies racing to get their employees out of Russia
“We moved some of our employees as a primary objective” after the invasion, he recounted, “and then I helped coordinate flights for employees at several tens of other companies.” Initially, he chartered flights to Armenia; by this past weekend, he was…
These Are the Companies Cutting Ties With Russia Over Ukraine
(Bloomberg) — Netflix, TikTok, Samsung and credit card operators have joined the lengthening list of businesses cutting ties with Russia or reviewing their operations in the country as reputational and financial risks mount. Most Read from…
Inside tech companies’ unprecedented move to suspend sales in Russia
As sanctions clamp down on Russia, some of the biggest names in tech have halted new product sales in the country entirely, including Apple, Samsung, Microsoft and Adobe. Why it matters: The move is clearly significant, but experts say it won’t…
Here are the major US and European companies pulling out of Russia following the invasion of Ukraine
Russian President Vladimir Putin ordered troops into eastern Ukraine on Monday.Alexei Nikolsky/Associated Press Major companies are ending decades of business with Russia following Putin’s invasion of Ukraine. The latest brands exiting the country…
A look at brands, companies that exited Russia after its invasion of Ukraine
© Provided by CNBCTV18 Since the Russian invasion of Ukraine, brands around the globe have shown support to Ukraine and stood against Russia for its aggression. The trend of exiting the Russian market started shortly after the full-blown attack and it…
Apple maintains iPhone sales leadership in 4Q21 amid supply constraints that affected most smartphone companies
According to a new report, after the first year of COVID-19, worldwide smartphone sales grew 6% in 2021. Apple saw a rise in market share as well as becoming the number-one vendor of smartphones to end users in 4Q21. Although Apple looks good in this…