Tag Archives: Yandexs

Yandex’s restructuring and the future of Kremlin tech control — Meduza

Yandex’s restructuring and the future of Kremlin tech control — Meduza

All episodes Subscribe iTunes RSS feed Google Podcasts Spotify Castbox Yandex.Music Yandex’s restructuring and the future of Kremlin tech control 00:0027:30 After a year and a half of negotiations, Yandex founder Arkady Volozh and the company’s foreign shareholders have reached a deal to part ways with Yandex’s Russian assets. The Russian IT giant’s Netherlands-based parent company announced Monday, February 5, that it will sell a large portion of its operations to a consortium of Russian… Source link

Read More »

In biggest corporate exit since Ukraine war, search engine Yandex’s owner to leave Russia in $5.2 billion deal | Business News

In biggest corporate exit since Ukraine war, search engine Yandex’s owner to leave Russia in .2 billion deal | Business News

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

Read More »