Yandex News

Russian tech giant Yandex has registered holding companies in Armenia and the U.S. in order to bypass international sanctions on Russia over the invasion of Ukraine, Russian-language TV channel RTVI reported on Thursday. Senior Yandex managers Maxim Zagrebin and Dmitry Stepanov registered Beyond ML, a company that itself owns a dozen technology startups, in Armenia in August, according to RTVI, while a second legal entity called Beyond ML Inc. was registered in the U.S. at the same… Source link

In a rare show of defiance toward the federal government in Moscow, regional politicians in Tatarstan on Thursday rejected a set of amendments to its constitution that would have, among other measures, demoted the republic’s leader from “president” to “head” as the Kremlin continues its attempt to rein in Russia’s regions.   While at one point 13 Russian regions called their elected heads “presidents,” a campaign of rigorous centralization fought by the… Source link

The Russian economy is approaching the end of 2022 in a far better state than many had anticipated in the spring following the invasion of Ukraine and ensuing Western sanctions. The fall in GDP has only amounted to about 3% or even less, and the U.S. dollar is still trading at less than 65 rubles. Even the Western ban on high-tech imports, although challenging, has proved manageable. But none of this means that Russia’s economy is out of the woods: many risks still remain. We asked… Source link

A few weeks after the offer was announced, Alexei Kudrin — the former Russian finance minister and a longtime ally of Vladimir Putin — has confirmed that he will join technology giant Yandex. In his new role, he will advise on developing the holding’s corporate structure. “[This] will ensure the company’s long-term and sustainable development in all markets, including international ones,” Kudrin posted on his Telegram channel. “One of the main tasks is… Source link

Bits of Ukraine are being erased from the Russian internet. As the war drags on, residential buildings that have crumbled under Russian attacks in Mariupol have begun to disappear from Yandex Maps, in what might be an attempt to hide the scale of destruction. Last August, users noticed that the borders between countries suddenly disappeared. Country names stayed in place, but the lines distinguishing one from the next vanished, as if the question of where… Source link

Yandex Taxi am and Yandex Eats am initiated legal proceedings against them for unfair competition and misleading the public, the Armenian Competition Protection Commission told Armenian News-NEWS.am. Violations were caused by the fact that the mentioned companies provided insufficient information about the actions of ordering and delivery of items and food. Source link

Notice of Annual General Meeting of Shareholders of Yandex N.V. We hereby inform you that Yandex N.V. (Yandex, or the “Company“) will hold its Annual General Meeting of Shareholders (“AGM“) on December 22, 2022, beginning at 15.00 Amsterdam time by webcast available at www.meetnow.global/M7JYRXGin accordance with Dutch Temporary Act COVID-19 Justice and Safety (Tijdelijke wet COVID-19 Justitie en Veiligheid) (the “Temporary Act COVID-19“). … Source link

Since its launch as an open-source project by Yandex in 2016, ClickHouse has become one of the leading databases for online analytical processing (OLAP), allowing businesses to quickly generate ad-hoc reports over very large datasets. In 2021, Yandex spun off ClickHouse into its own company and joined an initial $50 million Series A funding round led by Index Ventures and Benchmark Capital. Two months later, Coatue and Altimeter led the company’s Series B round, with participation… Source link

Ten days after Yandex confirmed a review of its operations that include moving IP out of Russia and selling much of the remainder locals, it has hired an ally of President Vladimir Putin to help out with the restructure. Alexei Kudrin, described as a longtime Putin ally and who resigned as head of Russia’s Audit Chamber last week, has confirmed that he will be joining Yandex to advise on corporate development. Kudrin was appointed as finance minister in 2000 when Putin started his first… Source link

Chechen blogger Tumso Abdurakhmanov, a vocal critic of Chechnya’s strongman leader Ramzan Kadyrov based in Sweden, has been reported killed nearly a week after he went missing. “Tumso was shot at night by a group of people,” the Chechen opposition movement 1ADAT said in a social media post Monday, citing its “network of informants” in Europe and Chechnya. Swedish authorities have not yet commented on the reports of Abdurakhmanov’s killing. Abdurakhmanov’s allies said… Source link