Tag Archives: Russian

Yandex, the company often referred to as “Russia’s Google”, has agreed to sell its operations in the country in a cash-and-shares deal worth Rbs475bn ($5.2bn), as it seeks to secure its future in the aftermath of the war in Ukraine. The sale by Yandex’s Nasdaq-listed, Netherlands-based parent company, announced on Monday, to a consortium of Russian investors will also result in the group spinning off some of its main international projects. The move follows a protracted 18-month… Source link

A Russia-based company has become the legal owner of tech giant Yandex as it prepares to separate from its Dutch parent company, the state-run Interfax news agency reported Tuesday. MKAO Yandex was registered last month in the Kaliningrad region’s Oktyabrsky Island, an offshore zone known as a “special administrative region.” In addition to offering low taxes, the offshore zone allows major Russian companies to repatriate their businesses while avoiding Western sanctions as… Source link

Image Credits: Vertigo3d / Getty Images Google researchers say they have evidence that a notorious Russian-linked hacking group — tracked as “Cold River” — is evolving its tactics beyond phishing to target victims with data-stealing malware. Cold River, also known as “Callisto Group” and “Star Blizzard,” is known for conducting long-running espionage campaigns against NATO countries, particularly the United States and the United Kingdom. Researchers believe… Source link

[unable to retrieve full-text content]Yandex Founder Calls for Sanctions Removal After Criticism of Russian Invasion  Bloomberg Source link

Yandex NV co-founder Arkady Volozh shouldn’t have been sanctioned after Vladimir Putin’s invasion of Ukraine, as he was never close to the Russian president and has blasted Russia’s aggression toward its neighbor, a European Union court was told. “This is not about another businessman who built his wealth on the wave of privatization and state contracts,” William Julie, a lawyer for the tech magnate, told the EU’s General Court. Source link

[unable to retrieve full-text content]Yandex Parent Mulls Sale of Entire Russian Business  Marketscreener.com Source link

[unable to retrieve full-text content]Exclusive: Yandex NV could sell Russian assets all at once  Reuters Source link

[unable to retrieve full-text content]Exclusive-Yandex NV could sell Russian assets all at once  SaltWire NS Source link

[unable to retrieve full-text content]Yandex to sell all Russian assets, distribute proceeds – reports  Seeking Alpha Source link

[unable to retrieve full-text content]Yandex to Fully Divest Russian Assets and Distribute Proceeds  Bloomberg Source link