Russian search engine and cloud computing company Yandex confirmed that its sanctioned deputy CEO has resigned. Tigran Khudaverdyan was sanctioned by the European Union this week, meaning he can no longer work at the Netherlands-registered company. The EU said that Khudaveryan attended a meeting of oligarchs at the Kremlin the week of the invasion of Ukraine. “We were… Source link
Read More »Russia’s war hits Yandex, the ‘Google of Russia’ – TechCrunch
Putin’s regime continues to tighten its grip on how information on the war in Ukraine is shared in Russia, and in the wake of that, tech giants in the country — which, like Facebook, Google and Twitter, are also major players in the media sphere — are starting to restructure their media assets. Yesterday Russian press reported that Yandex — a local giant often called the “Russian Google” — is in negotiations to sell its media division, with Russian social networking giant… Source link
Read More »Russia’s war hits Yandex, the ‘Google of Russia’
Putin’s regime continues to tighten its grip on how information on the war in Ukraine is shared in Russia, and in the wake of that, tech giants in the country — which, like Facebook, Google and Twitter, are also major players in the media sphere — are starting to restructure their media assets. Yesterday Russian press reported that Yandex — a local giant often called the “Russian Google” — is in negotiations to sell its media division, with Russian social networking giant VK named as… Source link
Read More »Russia’s war hits Yandex, the ‘Google of Russia’
Putin’s regime continues to tighten its grip on how information on the war in Ukraine is shared in Russia, and in the wake of that, tech giants in the country — which, like Facebook, Google and Twitter, are also major players in the media sphere — are starting to restructure their media assets. Yesterday Russian press reported that Yandex — a local giant often called the “Russian Google” — is in negotiations to sell its media division, with Russian social networking giant VK named as… Source link
Read More »bne IntelliNews – Sources say tech giant Yandex to sell News and Zen services
Tech major Yandex is mulling the sale of its media platforms Yandex.news and Yandex.zen to Russian internet company VK, according to sources close to the negotiations. The move away from media would help the company out of a bind between the competing demands of Russian regulation and international stakeholders. … Source link
Read More »EU sanctions Rostelecom president, Yandex deputy CEO, and VK Company CEO – DatacenterDynamics
The European Union has sanctioned Rostelecom president Mikhail Oseevsky, Yandex deputy CEO Tigran Khudaverdyan, and VK Company CEO Vladimir Kiriyenko due to Russia’s invasion of Ukraine. The sanctions restrict the individuals from traveling to the EU or doing business with companies that operate there. The EU said that it enacted the sanctions due to “a blatant violation… Source link
Read More »bne IntelliNews – After Nasdaq stock suspension, Yandex could default on $1.25bn convertible notes
Yandex, arguably the most successful and emblematic Russian digital company over the past 25 years, could default in a matter of days. The company warned about this risk even though none of its entities, main shareholders, directors or managers have been targeted by western sanctions, reports East-West Digital News (EWDN). … Source link
Read More »Yandex Head Quits After Surprise EU Sanctions
The head of Russia’s top technology firm Yandex quit late Tuesday after being slapped with EU sanctions in response to Moscow’s invasion of Ukraine. Brussels hit Yandex executive director and deputy CEO Tigran Khudaverdyan with an asset freeze and travel ban earlier in the day, citing the firm’s role in “hiding information” from the Russian public through the manipulation of search results on its platform. Yandex — often dubbed “Russia’s Google” — is the… Source link
Read More »Yandex's deputy CEO exits after EU sanctions – Seeking Alpha
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Read More »Tigran Khudaverdyan Steps Down from His Roles as Executive Director and Deputy CEO at Yandex NV
MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / March 15, 2022 / Yandex N.V., a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today announces that Tigran Khudaverdyan has stepped down with immediate effect from his positions as Executive Director and Deputy Chief Executive Officer of Yandex N.V. and at its Dutch subsidiaries. Yandex has a strong and deep management team in place… Source link
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