[unable to retrieve full-text content]Match Group, Google Reach Binding Term Sheet in Legal Battle The Wall Street Journal Source link
Read More »Match Group, Google Reach Binding Term Sheet in Legal Battle – The Wall Street Journal
Yandex Reaches ‘Binding’ Deal to Divest News Service, Homepage to VK
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
Read More »Yandex Announces a Binding Agreement to Divest News and Zen Services
MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / August 23, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has entered into a binding agreement with VK, one of Russia’s largest social media businesses, to sell Yandex’s news aggregation platform and Zen infotainment service as well as the main page, where both services have been located. As sole consideration for these assets, Yandex will acquire 100% of the food delivery… Source link
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