Russia’s internet giant Yandex has told investors it’s exploring “strategic options” for its media products — including a potential sale of its news aggregator, Yandex News, and a user-generated content recommendation and blogging “infotainment” platform, called Zen. The disclosure confirms our reporting earlier this week — when sources told us Yandex is in discussions to sell Yandex News and Zen. Our sources suggested the move is linked to the risks posed by tighter… Source link
Read More »Russian search giant Yandex tells investors it’s looking for a media exit
Russia’s internet giant Yandex has told investors it’s exploring “strategic options” for its media products — including a potential sale of its news aggregator, Yandex News, and a user-generated content recommendation and blogging “infotainment” platform, called Zen. The disclosure confirms our reporting earlier this week — when sources told us Yandex is in discussions to sell Yandex News and Zen. Our sources suggested the move is linked to the risks posed by tighter regulations on freedom… Source link
Read More »Russian TV channel to seek Google fines abroad after U.S. giant loses appeal
Konstantin Malofeev, chairman of the board of directors of the Tsargrad media group, speaks during an interview with Reuters in Moscow, Russia September 16, 2021. REUTERS/Tatyana Makeyeva/File Photo Register now for FREE unlimited access to Reuters.com Register March 17 (Reuters) – The television channel of a sanctioned Russian businessman on Thursday said Alphabet Inc’s (GOOGL.O) Google had lost a court appeal against a 2021 ruling that the company pay a compounding fine for blocking access… Source link
Read More »Secret CIA training program in Ukraine helped Kyiv prepare for Russian invasion
Ukrainian snipers had a problem: Russian forces in eastern Ukraine were trying to blind them. As the Ukrainians were looking through their scopes in order to find their targets, the Russians had begun pinpointing their location using the glare of the glass, and were shooting high-energy lasers into them, damaging the snipers’ eyesight. The two sides were squaring off in close proximity. In early 2014, Russia had already invaded and annexed Ukraine’s Crimea peninsula. Shortly thereafter,… Source link
Read More »Mozilla Firefox removes Russian search providers over misinformation concerns
Mozilla has removed the Yandex Search, Mail.ru, and OK.ru default search providers from the Firefox browser over reports of state-sponsored content favored in search results. These sites are three of the most popular websites in Russia, used by over a hundred million users per month. Since 2014, Mozilla has made Yandex the default search engine in Russia, and the following year made it the default search for users in Turkey. With today’s release of Firefox 98.0.1, Mozilla announced that… Source link
Read More »Fitch Downgrades 10 Russian Companies Including Rostelecom, Yandex
By Josh Beckerman Fitch Ratings has downgraded 10 Russian companies including Rostelecom and Yandex NV to “CC,” as a March 5 presidential decree and escalating sanctions “could impose insurmountable barriers” on timely debt payments to certain international creditors. The decree “could force a redenomination of foreign-currency debt into local currency for international creditors, which we would likely view as a distressed debt exchange or event of default,” Fitch… Source link
Read More »Major luxury brands walk away from the lucrative Russian market
The list of companies around the world cutting business ties with Russia continues to grow. British luxury brand Burberry (BURBY) became the latest to jump on the bandwagon after announcing it would be temporarily shutting down its three stores in Russia, including one located in Moscow’s famous Red Square. Burberry isn’t the first luxury brand to make this move: On Friday, Hermes (HESAY) announced it would temporarily close its stores in the country, saying it is “deeply concerned by the… Source link
Read More »Biden bans Russian oil, warns of ‘Putin price hike’ at pump
WASHINGTON (AP) — President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, but he acknowledged it will bring costs to Americans, particularly at the gas pump. The action follows pleas by Ukrainian President Volodymyr Zelenskyy to U.S. and Western officials to cut off the imports, which had been a glaring omission in the massive sanctions put in place on Russia over the invasion…. Source link
Read More »Shell to stop buying Russian oil, apologizes for purchasing cargo
Shell (SHEL) says it will stop buying Russian crude and apologized for purchasing a cargo last week amid the ongoing Russian invasion of Ukraine. “We are acutely aware that our decision last week to purchase a cargo of Russian crude oil to be refined into products like petrol and diesel – despite being made with security of supplies at the forefront of our thinking – was not the right one and we are sorry,” Shell Chief Executive Officer, Ben van Beurden said in a company statement. The… Source link
Read More »Google’s ‘Russian invasion of Ukraine’ results includes new search features
Google typically updates its search engine results page (SERP) gradually, by testing out new features or updating existing ones. However, the company may roll out more drastic redesigns and new search features under certain circumstances, such as when there is heightened demand for information about a new topic, like there was during the outset of the coronavirus pandemic. Demand for information about the tragic events unfolding in Ukraine may have prompted Google to… Source link
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