Yandex News

Regulators fear Russia could access Yandex taxi data from Europe, Central Asia

Regulators fear Russia could access Yandex taxi data from Europe, Central Asia

News that the Russian security service could potentially gain access to data collected by the Yandex taxi service has raised alarms among users and regulators in Europe and Central Asia. Often referred to as “Russia’s Google,” Yandex runs the biggest search engine in the country and also provides an Uber-like ride-hailing and food-delivery service under the name Yango, or YandexGo, in more than 20 countries. These include Israel, Norway, Finland, Belarus, Kazakhstan, Georgia, and… Source link

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Yandex’s Q2 profits fall as costs rise versus 2022 ‘anomaly’

Yandex’s Q2 profits fall as costs rise versus 2022 ‘anomaly’

By Alexander Marrow and Gleb Stolyarov (Reuters) -Russian tech giant Yandex reported a 27% fall in second-quarter profits on Thursday as costs rose from a year earlier when the company tightened spending in the immediate aftermath of Russia’s invasion of Ukraine. Often dubbed “Russia’s Google”, Yandex has struggled to balance domestic pressures with the interests of its Western investors since Russia sent troops into Ukraine in February 2022. Yandex’s adjusted net income dropped to 9.6 billion… Source link

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