Hello! This week our top story is the conviction of private equity investor Michael Calvey on embezzlement charges in a long-running legal case that has stymied Russia’s investment climate. We also look at the collapse of the Finico pyramid scheme and the top tech company that used AI to fire a third of its staff .

The topic of release is what the scandal with dismissals from XSOLLA is talking about The scandal of the week, which was discussed by the entire techno -market (and not only): the founder of the Xsolla unicorn Alexander Agapitov fired almost 150 employees based on the results of the analysis of their activity in work chats, mail and other services.

Shares of European grocery delivery services and online retailers are falling after the release of quarterly financial reports. This makes companies with sky-high valuations feel insecure as investors are no longer willing to pay for growth, writes Bloomberg. Shares of Asos fell 18% after the retailer said sales were down and remote software maker TeamViewer lost 14% when it said the company's results also fell short of expectations.

Lyubov Sobol left Russia, reports Interfax , citing an informed source. This week, Alexei Navalny's comrade-in-arms was sentenced to 1.5 years of restriction of freedom on a "sanitary case." “Sobol was convicted twice, but none of the sentences meant serving the sentence in a colony. Now that she has violated the current restrictions, the authorized body may ask the court to replace her punishment with a colony, ”the source said.

Roman Polyakov, head of the VkusVill content division, resigned after a scandal over advertising involving a same-sex family. about this in an interview with the BBC Russian Service .

Many researchers find that the burdensome costs of conducting the Olympiads do not justify themselves, and this is one of the reasons for the skepticism growing in relation to the games. However, games often gave impetus to the development of economies: it all depends on how to dispose of the "Olympic heritage". Our colleagues from Econs.online tell about how this task was in different years of this task. With their permission, we publish this material.

Subscribe to dozens of news Telegram channels and scroll them every 10 minutes-the norm in 2021. Or not? The German writer, scientist and entrepreneur, ex-head of several subsidiaries of Swissair Rolf, Rolf Dobelli, claims: truly important will find you itself, and monitoring of the news only increases anxiety and turns into pernicious dependence. In his book “Without News.

Warren Buffett's Berkshire Hathaway profit rose 21% to $6.69 billion in the second quarter. Berkshire Hathaway's business continues to grow after a disastrous 2020. The company also completed the first quarter with impressive results with a 19.5% increase in profits. Revenues from railroads, utilities and energy companies increased by 27% year-on-year to $2.26 billion.

The Ministry of Digital Development proposes to collect biometric data of car sharing and taxi drivers. The relevant provision is contained in the draft government decree, the document is published on the portal of draft regulatory legal acts. The agency proposes to consider obtaining biometrics of drivers as cases of collection and processing of biometric personal data for the purpose of identification or authentication.