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The tech exodus from Russia ramped up today, as Microsoft halted all new product and services sales inside the country because of the invasion of Ukraine. Apple did much the same thing earlier in the week. “Like the rest of the world, we are horrified, angered and saddened by the images and news coming from the war in Ukraine and condemn this unjustified, unprovoked and unlawful invasion by Russia,” Microsoft President Brad Smith said in a blog post . Microsoft is just the latest in a line of Western companies to suspend sales in protest of Russia’s invasion of Ukraine. Nike and Dell Technologies have suspended sales inside Russia, as have SAP and Oracle . On Tuesday, Apple confirmed it had stopped selling its products in Russia. On Apple’s Russia store , all products are listed as “unavailable” for purchase or delivery in the country. To read this article in full, please click here

From sanctions on media broadcasts, sports, business to technology, several nations demonstrated solidarity with Ukraine, in response to the Russian offensive that began February 24. Nearly 368,000 refugees have fled fighting in Ukraine for neighboring countries, including Poland, Romania, and the number “continues to rise,” according to the United Nations High Commissioner for Refugees (UNHCR)’s recent data. Media YouTube banned the broadcasts on March 1 of Russian state-controlled media RT and Sputnik across Europe, according to German Press Agency DPA. This move came after RT and Sputnik faced frequent criticism in Western Europe for serving as Kremlin propaganda outlets. “Due to the ongoing conflict in Ukraine, we are blocking YouTube channels linked to RT and Sputnik in Europe with immediate effect,” Youtube’s spokesperson said, according to the same source. Sports The International Federation of Football Association ( FIFA ) announced on February 27 several measures against Russia, including the ban of the Russian flag and anthem for the upcoming sporting events, mainly the 2022 FIFA Qatar World Cup.

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Cisco Systems Inc. is the latest major U.S. company to pause business operations in Russia because of its invasion of Ukraine. Cisco Chief Executive Chuck Robbins told staff in an letter Thursday that "Cisco is stopping all business operations in Russia and Belarus and will continue to focus on supporting our Ukrainian employees, customers and partners while providing humanitarian aid and accelerating our efforts to protect organizations in Ukraine from cyber threats. We stand with Ukraine and condemn this unjustified war." Cisco joins a long list of companies that have paused business operations in Russia that include Apple Inc. , Oracle Corp. , Boeing Co. , Exxon Mobile Corp. and Walt Disney Co. . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Today's Research Daily features new research reports on 16 major stocks, including Oracle Corporation (ORCL), Morgan Stanley (MS), and Deere & Company (DE).

In the wake of the ongoing Russian invasion of Ukraine, SAP and Oracle have both announced that they are suspending all business operations in Russia. The decision from the two major IT vendors came in the wake of a request from Ukrainian Vice Prime Minister Mykhailo Fedorov, who posted letters he’d written to both companies on Twitter yesterday. In his letter to Oracle, Fedorov wrote: “The IT industry always supports values of responsibility and democracy…now, more than ever, people’s lives depend on your choice.” Oracle replied to the tweet , stating that on behalf of the people of Ukraine and its elected government, the company has “suspended all operations in the Russian Federation”. However, the company has not provided any further comment on the situation since the tweet was posted. To read this article in full, please click here

One week after Russia''s invasion of Ukraine, US enterprise software giant Oracle has suspended its Russian operations, while Amazon is pledging logistical and cybersecurity support for Ukraine. Meanwhile, Russia''s sovereign credit rating has been slashed to junk status by two major ratings agencies and the Moscow Stock Exchange is closed for a fourth consecutive day. We also take a closer look at how the US and EU are working on measures to make sure cryptocurrencies are not used to circumvent Western sanctions on Russia.

Formula 1 world champion Max Verstappen has signed a contract extension that commits him to Oracle Red Bull Racing for the next seven seasons.

While Spotify has closed its Russia office, Oracle and SAP have halted all operations. Meanwhile, Uber is offering free rides to refugees.

Netflix, fashion outlet Handamp;M, tech company Oracle and many others cut or paused business in Russia on Wednesday because of the attack on Ukraine, while the United States laid out new sanctions and a Ukrainian official outlined to Reuters plans for fanning corporate support. Jayson Albano …

Having spent countless hours learning Oracle''s Java I do wonder whether Oracle pulling out of your country is an entirely bad thing ;-) Anyway, Oracle out. Competitor in the business software space SAP also: called economic sanctions against Russia "an important mechanism in the efforts to res

Apple Inc. confirmed Tuesday that it has "paused" product sales in Russia, while Google and other tech companies outline their actions in response to the invasion.

US technology giants Netflix and Oracle are the latest to move to distance themselves from Russia

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced results for the fourth quarter and fiscal year ended December 31, 2021. “For the fourth quarter and full year 2021, we achieved a unique combination of record revenue exceeding our guidance, margin expansion, strong revenue retention and cash flow gen