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$1 Billion Yandex IPO Set For This Summer

Anyone who would like to invest in Russia’s most successful search engine may want to start saving pennies and talking to his (or her) stockbroker.  Reports indicate that Yandex, which has had little trouble fending off Google in its home market, will go public and try to raise $1 billion this summer. A post on […]

Google Snags Microsoft Kinect Developer

Last year, Google invested in Zynga and Ngmoco, acquired Slide and Jambool, and unveiled games intended for the Chrome Web Store in rapid succession.  Now, the search giant may be ready to take another game-related step, as it’s hired Kinect developer Johnny Chung Lee to join a special projects group. Additional details are scarce.  Indeed, […]