Tag Archives: Russia

[unable to retrieve full-text content]Russia: Yandex enters joint venture with Uber  PYMNTS.com Source link

[unable to retrieve full-text content]Russia: Uber yields Russian taxi business to Yandex in US$3.7b merger  PYMNTS.com Source link

[unable to retrieve full-text content]Dutch Yandex subsidiary helping Russia with facial recognition software  NL Times Source link

In early February, Yandex NV (YNV) – the Dutch parent company of Russia’s online giant Yandex, often referred to as the “Russian Google”- announced its long expected exit from Russia. YNV is selling its Russian assets to a consortium of investors led by the Russian management team for RUB475bn ($5.2bn) in the largest corporate exit from Russia since the country’s invasion… Source link

NEW YORK (AP) — Donald Trump said that, as president, he warned NATO allies that he “would encourage” Russia “to do whatever the hell they want” to countries that are “delinquent” as the front-runner for the Republican nomination ramped up his attacks on foreign aid and long-standing international alliances. NATO’s leader said Trump’s words could undermine security and put American and European forces at risk. Speaking at a rally Saturday in Conway, South Carolina, Trump… Source link

The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion, which would be one of the largest corporate exits from Russia since its invasion of Ukraine. The invasion had roiled Yandex — often referred to as “Russia’s Google” — and turned its attempts to navigate between the Kremlin’s authoritarian policies and a Western blockade of the Russian economy into the most dramatic example of the… Source link

Yandex NV reached an agreement to sell its Russian business, including the nation’s most popular search engine, for about $5.2 billion, the highest-valued deal yet to exit Russia following the invasion of Ukraine. The divorce, which took more than a year to negotiate, opens the way for Yandex, which has been registered in the Netherlands since 2007, to develop some projects abroad after divesting Russian units that had generated most of its revenue. Yandex management will get the biggest… Source link

Yandex NV has struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors, marking the biggest corporate exit from the country since Moscow invaded Ukraine almost two years ago. The Kremlin-engineered deal would see Russia’s largest technology player fall entirely under Russian ownership, including a fund ultimately owned by oil major Lukoil, and cement Yandex’s departure from Western tech circles. Once seen as one… Source link

A Ukrainian drone struck an oil storage depot in western Russia on Friday, causing a massive blaze, officials said, as Kyiv’s forces apparently extended their attacks on Russian soil ahead of the war’s two-year anniversary. Four oil reservoirs with a total capacity of 6,000 cubic meters (1.6 million gallons) were set on fire after the drone reached Klintsy, a city of some 70,000 people located about 60 kilometers (40 miles) from the Ukrainian border, according to the local governor and… Source link

A major armed conflict between NATO and Russia is imminent if a secret document from the German Armed Forces is to be believed, with Russia invading NATO’s Baltic states as early as July. The German Armed Forces (Bundeswehr) are preparing for a potential hybrid attack by Russia on NATO’s eastern flank this February, reported Bild. An escalation between NATO and Russia is expected as early as February, a Bild source said, referencing a secret Bundeswehr document. Read also: Zelenskyy on… Source link