Tag Archives: Russia

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Russian search engine company Yandex was once considered the star of the Russian web economy, but then came the Putin regime’s attack on Ukraine. Yandex’s leadership is now trying to save what can be saved and seeks salvation primarily outside of Russia. Yandex has long been referred to as the Russian Google, and that was not only an auxiliary term for the fact that its core business is a search engine but also due to its success and broad portfolio of services. But… Source link

Russian tech giant Yandex has said it is reorganizing its operations, moving to cut its ties with Russia in a restructuring that solidifies government control over a company once seen as a bellwether for the country’s digital economy. The announcement comes after months of internal turmoil, with executives departing, the sale of the two of the company’s best-known products, and company shares hitting basement prices prior to being frozen on international stock exchanges. “These are… Source link

Russian tech giant Yandex has said it is reorganizing its operations, moving to cut its ties with Russia in a restructuring that solidifies government control over a company once seen as a bellwether for the country’s digital economy. The announcement comes after months of internal turmoil, with executives departing, the sale of the two of the company’s best-known products, and company shares hitting basement prices prior to being frozen on international stock exchanges. “These are… Source link

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

Cars driving through Kyiv on Wednesday after Russian missile strikes on energy facilities across Ukraine.Credit…Brendan Hoffman for The New York Times KYIV, Ukraine — Utility crews worked through the dark night in snow and freezing rain to stabilize Ukraine’s battered energy grid on Thursday after another destructive wave of Russian missile strikes, restoring essential services like running water and heat in many parts of the country even as millions remained without power. Ukrainians… Source link

MT Newswires 2022 All news about YANDEX N.V. Analyst Recommendations on YANDEX N.V. Sales 2021 356 B

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 18 (Reuters) – Yandex Market, owned by Russian internet giant Yandex (YNDX.O), said on Friday it had agreed to buy up the remaining inventory of Swedish furniture giant IKEA (IKEA.UL), which has closed its shops in Russia. Yandex signed binding documents on Nov. 16 to buy more than 20 million IKEA products, from furniture to stuffed toys, left over from the final online… Source link

A house in Amsterdam owned by sanctioned Russian oligarch Arkady Volozh was occupied by activists. Despite the Yandex billionaire’s best efforts, a judge ruled that the squatters can stay. Volozh is not the first sanctioned oligarch to have his European property overtaken. … Source link