On Friday, Shares of Yandex NV (NASDAQ:YNDX), subtract -0.79% and closed at $18.93 in the last trading session. The last trading range of the stock ranges between $18.91 and $19.72. Recently Yandex (YNDX), a technology company that builds user-centric products and services powered by artificial intelligence, declares the launch of its global partnership program for Android handset manufacturers and telecom operators.
Yandex’s partners will preinstall its proprietary products, Yandex Browser and Yandex Launcher, to achieve device differentiation, enhance end user experience and gain additional income through its ad revenue sharing model. The first round of Yandex partners includes Fly, LAVA, Mobile TeleSystems, Multilaser, Posh Mobile, Wileyfox and ZTE, making Yandex products available in Europe, India, Latin America and Africa.
“Device manufacturers often have to choose between developing in-house software at a huge overhead cost or sacrificing product differentiation and additional revenue. Some OEMs pre-install as many apps as possible. Unfortunately, this has a negative effect on the user experience and is counterproductive to their brands in the long-term,” explained Artem Fokin, Vice President for International Business Development, Yandex. “Our software and artificial intelligence technology is aimed at shaking up the market and assisting our partners overcome these challenges, reduce customer churn and increase profit margins,” he continued.
Hess Corp. (NYSE:HES), jumped 0.35% and closed at $51.70 in the last trading session. The last trading range of the stock ranges between $51.02 and $52.51. The company’s Market capitalization is $16.43 Billion with the total outstanding Shares of 316.67 million. Accenture (ACN) has been chosen by Hess Corporation (HES) to assist realize its As-a-Service vision that is part of the Hess IT transformation strategy. The new cloud-facilitated operating model can ramp up or down IT infrastructure and digital technologies during volatile industry cycles. The model is underpinned by Accenture’s cloud services and ecosystem of partners that includes leading public cloud providers.
“We believe this model can assist us be more efficient, agile, capable and secure,” said Zhanna Golodryga, SVP, Services and CIO for Hess Corporation, “by giving us important capabilities that use the most recent digital services and technologies.”
Under the terms of the five-year agreement, Accenture and Hess will work on planning, design and implementation of a technology solution that links field assets to a network of cloud-based offerings, delivered as-a-Service, with consumption-based pricing focused on reducing cost, increasing production, and simplifying technology. The project includes migrating Hess’ applications and servers to the cloud.
Himax Technologies, Inc. (ADR)(NASDAQ:HIMX), gained 1.86% and closed at $8.74 in the last trading session. The last trading range of the stock ranges between $8.55 and $8.92. The company’s Market capitalization is $1.53 Billion with the total outstanding Shares of 343.82 million. During the 52-week trading session the minimum price at which share price traded, registered at $5.77 and reached to max level of $12.00. Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies to consumer electronics worldwide. The company operates through Driver IC and Non-Driver Products segments. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices. The company also designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power administration ICs, scaler products for monitors and projectors, tailor-made video processing IC solutions, and silicon IPs. In addition, it offers digital camera solutions, counting complementary metal oxide semiconductor image sensors and wafer level optics, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, and medical devices. The company markets its products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and camera module manufacturers, optical engine manufacturers, and television system manufacturers.