Tag Archives: grip

Tech giant Yandex — dubbed “Russia’s Google” — has agreed to sell its Russian assets to a consortium of investors for $5.2 billion, the biggest corporate exit from the country since the Kremlin’s invasion of Ukraine in 2022. The company, which is registered in the Netherlands but conducts most of its business in Russia, said that the government-backed sale includes 95% of its assets, including the country’s most-popular search engine, a ride-sharing application, and an… 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’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

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

By Alexander Marrow MOSCOW (Reuters) – The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of the country’s most popular website. Yandex, often referred to as Russia’s Google, said it was selling its news aggregator, content platform Zen and yandex.ru homepage to VK to focus on other business areas, such as food delivery and… Source link

By Alexander Marrow MOSCOW (Reuters) – The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of the country’s most popular website. Yandex, often referred to as Russia’s Google, said it was selling its news aggregator, content platform Zen and yandex.ru homepage to VK to focus on other business areas, such as food delivery and… Source link

MOSCOW —  Russia’s leading internet firm Yandex on Tuesday 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 firm. VK already runs… Source link

Russian tech giants Yandex, VK agree to swap some assets Yandex sells news feed, homepage to state-controlled VK Yandex gets food delivery service Delivery Club in return This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 23 (Reuters) – The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of… Source link

The pandemic period has been a boon for the trio of companies that dominate cloud computing. Now as the economy enters another tumultuous phase, Amazon.com Microsoft and Google appear poised to extend their strength. The three companies accounted for 65% of the $53 billion in global cloud-service spending in the first quarter of the year, according to Synergy Research Group, up from 52% of global sales four years ago. And their control of the crucial, rapidly growing market is expected to… Source link

Engineers at Russia’s biggest tech firm, Yandex, are fleeing the country and seeking foreign tech jobs. Current and ex-engineers recounted leaving Russia at short notice, often leaving spouses behind. Some said they are struggling to access their Yandex salaries from abroad. Alexei* doesn’t know when he’ll see his wife again. “She’s still in Russia. We call every night.”… Source link