Russian tech giant Yandex has registered holding companies in Armenia and the U.S. in order to bypass international sanctions on Russia over the invasion of Ukraine, Russian-language TV channel RTVI reported on Thursday.
Senior Yandex managers Maxim Zagrebin and Dmitry Stepanov registered Beyond ML, a company that itself owns a dozen technology startups, in Armenia in August, according to RTVI, while a second legal entity called Beyond ML Inc. was registered in the U.S. at the same…
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