Yandex News

In late April, Russian Internet giant Yandex announced it was selling its news service, Yandex.News, and its personal recommendations service, Yandex.Zen, to the social networking company VKontakte (VK). VK is run by Vladimir Kiriyenko, son of Russian presidential administration First Deputy Chief of Staff Sergey Kiriyenko. Since Russia’s invasion of Ukraine began, these products (just like Yandex overall) have faced a barrage of criticism for misleading millions of users by withholding… Source link

Updated Finnish energy supplier Ilmatar says it has terminated a supplier agreement to provide electricity to Yandex’s datacenter in the southern part of the country, as the facility enters its second week of relying on diesel generators. Juha Sarsama, boss at Ilmatar, told The Register: “We can confirm that we have terminated our electricity delivery agreement to Yandex Datacenter in Mäntsälä.” There has been no… Source link

Shares of Yandex (NASDAQ:YNDX – Get Rating) have been given an average rating of “Hold” by the six brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $83.40. A number of brokerages have… Source link

Yandex’s data center in Finland has been cut off the electricity grid as a response to Russia’s invasion of Ukraine. It is currently running on diesel, according to reports. The Russian search giant’s 40MW facility in Mäntsälä, Finland, was cut off by the local energy company Nivos Energia Oy, according to Russian news service RBC. The reasons for the disconnection are not clear, as Yandex is not currently on sanctions lists, but its news and blogging services, as well as a senior… Source link

A large data center in Finland operated by Russian Internet giant Yandex has had its power supply turned off, reports Russian news agency TASS. The data center in Mäntsälä, designed to support at least 10MW of IT equipment, has been forced to operate on generator power since 25 April – something that is normally reserved for emergencies and is unlikely to be sustainable in the long run. Related: SAP Is Shutting Down Russian Data Centers,… Source link

A large data center in Finland operated by Russian Internet giant Yandex has had its power supply turned off, reports Russian news agency TASS. The data center in Mäntsälä, designed to support at least 10MW of IT equipment, has been forced to operate on generator power since 25 April – something that is normally reserved for emergencies and is unlikely to be sustainable in the long run. Related: SAP Is Shutting Down Russian Data Centers,… Source link

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MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / April 29, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today provided an update in relation to its 0.75% Convertible Notes due 2025 (the “Notes”). On February 28, 2022, Nasdaq and the New York Stock Exchange suspended trading in the securities of a number of companies with material operations in Russia, including the… Source link

Yandex, often considered Russia’s equivalent to Google, has agreed to sell its media arm to VK (VKontakte), the company known as Russia’s Facebook. The news aggregator service Yandex News, and the blogging platform Zen are being sold for undisclosed sums to the social media company, as a result of Russia’s invasion of Ukraine, according to TechCrunch Both platforms have been accused of spreading Russian propaganda and blocking true reporting of the war, putting Yandex at risk of sanctions.

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / April 29, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today provided an update in relation to its 0.75% Convertible Notes due 2025 (the “Notes”). On February 28, 2022, Nasdaq and the New York Stock Exchange suspended trading in the securities of a number of companies with material operations in Russia, including the Class A… Source link