Yandex News

Mirae Asset Global Investments Co. Ltd. lessened its position in Yandex (NASDAQ:YNDX – Get Rating) by 1.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 588,435 shares of the information services provider’s stock after selling 7,123 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Yandex were worth $4,183,000 as of its most recent filing with the SEC. Other hedge funds have also… Source link

Russia’s Yandex has agreed to sell its news aggregation platform and Zen infotainment service, as well as the main page where both services have been located, to VK. In return, it will acquire 100% of the food delivery service Delivery Club. VK is one of Russia’s largest social media businesses and has until now been one of Yandex’s strongest competitors. It is majority owned by Sogaz, whose main shareholder is Yury Kovalchuk. Meanwhile, Yandex has until now been referred to as… Source link

Yandex NV, which runs Russia’s largest search engine and ride-hailing service, sold its media interests to a state-backed company, deepening the Kremlin’s control over the Russian internet. Often referred to as “Russia’s Google,” Yandex said it was selling its news aggregator, its Zen social-media platform and its homepage to VK, Russia’s largest social-media company, in exchange for VK’s food delivery app Delivery Club. Source link

Russia leading Internet company Yandex on On Tuesday, she said she agreed to sell it news The aggregator and the main page of yandex.ru for the VK . competition in a move Likely to limit the Russians access to independence media. all share deal, in Which will Yandex acquire 100% of Food delivery service delivery club, represents a big transformation in Internet scene in Russia, with Yandex pass control effectively over distribution of online content for a state-controlled company. VK… Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. — Reuters pic Tuesday, 23 Aug 2022 11:24 PM MYT MOSCOW, Aug 23 — Russian IT giant Yandex announced today the sale of its media assets to state-affiliated rival VK, the owner of Russia’s largest social network. The transaction is the latest sign of increasing government control over internet platforms available to a Russian audience, as Moscow continues the… Source link

Yandex N.V., Russia’s leading technology company, on Tuesday said that its Russian operating subsidiary agreed to sell its news aggregator, Zen infotainment service, and homepage to rival Vkontakte (VK), a large Russian social media business. The move will further limit access to independent media. In exchange, Yandex will acquire 100% … Source link

Russia’s leading internet firm Yandex on Tuesday (23 August) said it had agreed to sell its news aggregator and yandex.ru homepage to rival VK 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 internet landscape, with Yandex effectively passing control over distribution of online content to a state-controlled… Source link

Hundreds of mourners gathered Tuesday for the Moscow funeral of Daria Dugina, the adult daughter of a prominent nationalist philosopher, after she was killed in a car bombing that Moscow blames on Kyiv. Her father Alexander Dugin — a vocal supporter of the Kremlin’s military campaign in Ukraine — is thought to have been the likely target of the Saturday attack that killed his 29-year-old daughter. Speakers at Dugina’s funeral painted her as a martyr who had died for her country… Source link

Russian tech giant Yandex said Tuesday it has reached a “binding” deal to sell its news platform and homepage to rival VK as war-related sanctions fuel uncertainty over the Russian tech industry’s future. VK said it exited its joint venture with top lender Sberbank to pave the way for the deal with Yandex, once considered the jewel of Russia’s rising IT scene. Yandex said it is pursuing a “strategic exit from its media businesses” with the sale of… Source link

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