Russia tightens grip on media as Yandex sells homepage, news to rival VK

Russia tightens grip on media as Yandex sells homepage, news to rival VK

search August 23, 2022 Yandex News Leave a comment 4 Views

  • This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine

MOSCOW, Aug 23 (Reuters) – Russia’s leading internet firm Yandex (YNDX.O) on Tuesday said it had agreed to sell its news aggregator and yandex.ru homepage to rival VK (VKCOq.L)in a move likely to further limit Russians’ access to independent media.

The all-share deal, in which Yandex will acquire 100% of food delivery service Delivery Club, marks a significant shift in Russia’s…


Source link

Tags

About search

Check Also

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

Leave a Reply

Your email address will not be published. Required fields are marked *