Yandex, the Russian alternative to Google, on the verge of collapse

The fine line of “unprecedented” sanctions against Russia 2:38

London (CNN Business) — Yandex, Russia’s biggest search engine, could collapse as the financial fallout from the Ukraine invasion spreads.

Yandex, which controls around 60% of Russia’s Internet search traffic and operates a large trucking business, warned late on Thursday that it may be unable to pay its debts as a result of the financial market collapse triggered by the unprecedented wave of sanctions from the…


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