Tag Archives: Russian

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

Russia’s most prominent tech company, Yandex, has announced steps to move some of its intellectual property out of Putin country and dispose of the rest to local interests. Yandex is a sprawling conglomerate often characterized as Russia’s Google. It started as a search company, then moved into advertising, maps, e-commerce, cloud, and software for self-driving cars. Like its Silicon Valley analogs, Yandex also looked for a more advantageous jurisdiction for its headquarters and picked The… Source link

Russia’s most prominent tech company, Yandex, has announced steps to move some of its intellectual property out of Putin country and dispose of the rest to local interests. Yandex is a sprawling conglomerate often characterized as Russia’s Google. It started as a search company, then moved into advertising, maps, e-commerce, cloud, and software for self-driving cars. Like its Silicon Valley analogs, Yandex also looked for a more advantageous jurisdiction for its headquarters and picked The… Source link

Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Yandex NV said it had started a “strategic process to review options to restructure the group’s ownership and governance in light of the current geopolitical environment“. “As part of the intended restructuring of the group, the board anticipates that Yandex NV will in due… Source link

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Nov 25 (Reuters) – Russian internet giant Yandex’s (YNDX.O) Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Yandex N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light… Source link

Over the past years, Russian search and tech giant Yandex made an effort not to fall behind its Western counterparts and had developed its own smart devices, self-driving cars, as well as its own food delivery and ride-sharing services, among other products. According to The New York Times, though, the West’s sanctions against its home country after the invasion of Ukraine has made it impossible to continue developing and improving its projects. That’s why Yandex’s parent firm, which is… Source link

Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. From a report: Yandex N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light of the current geopolitical environment.” “As part of the intended restructuring of the group, the… Source link

By Alexander Marrow, Darya Korsunskaya and Polina Devitt MOSCOW -Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Since Russia launched what it calls a “special military operation” in Ukraine in late February, Nasdaq-listed Yandex, often referred to as “Russia’s Google”, has grappled with domestic pressure on… Source link

[unable to retrieve full-text content]Yandex parent to review ownership of Russian tech giant, seek …  Reuters Source link

After Moscow invaded Ukraine, ‘Russia’s Google’ has decided it can’t stay in Russia. Moscow-headquartered Yandex, the country’s dominant search engine founded by two Russian entrepreneurs, is hoping to transfer its most promising new technologies overseas and ditch most of its Russian business to avoid the effects of Western sanctions imposed after President Vladimir Putin ordered Russia to Ukraine. Under the plan, which the Financial Times reported on Thursday, Yandex… Source link