Tag Archives: Dutch

Dutch owner of Russia’s No. 1 search engine Yandex sells for $5.2 billion, exits country

Dutch owner of Russia’s No. 1 search engine Yandex sells for $5.2 billion, exits country

The Dutch parent of top Russian internet search engine Yandex, often called the “Google” of Russia, has sold the business to a special-purpose Russian mutual fund at a heavily discounted $5.2 billion and is pulling out of the country completely. Yandex has no connection to Google or parent company Alphabet. File Photo by Maxim Shipenkov/EPA Feb. 6 (UPI) — The… Source link

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Yandex Dutch Parent Company Wants to Cut Ties With Russia Units — The Information

Yandex Dutch Parent Company Wants to Cut Ties With Russia Units — The Information

The Dutch parent company of Yandex, dubbed Russia’s Google, wants to cut ties from its Russian unit to protect new ventures in artificial intelligence and autonomous driving, The New York Times reported. The move would mean selling off its popular internet browser, food delivery and ride hailing apps, the report said. But such a sale and transferring the other technology out of Russia would… Source link

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Dutch court sides with squatters of sanctions-hit Russian’s mansion | Netherlands

Dutch court sides with squatters of sanctions-hit Russian’s mansion | Netherlands

Perched as it is in an upmarket neighbourhood overlooking the scenic Vondelpark, it is not hard to imagine why a Russian billionaire would have been interested in the 1879 five-storey Amsterdam property with a lush private garden. That billionaire was Arkady Volozh, a co-founder of Russia’s biggest search engine, Yandex. He bought the £3m house in 2019, becoming one of the dozens of wealthy Russians who have invested in property in the Dutch capital. But since October, the mansion, which… Source link

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Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 13 (Reuters) – Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of publishers. Google’s adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers. read more The French competition watchdog… Source link

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