Yandex

2022 - 8 - 23

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Image courtesy of "Financial Times"

Russia's Yandex sells media businesses to VK (Financial Times)

Yandex, Russia's largest tech company, has sold its news aggregator, blogging platform and homepage after facing criticism for supporting Kremlin narratives ...

[Purchase a Print subscription for 11,12 € per week You will be billed 107,91 € per month after the trial ends](https://subs.ft.com/spa3_uk3m?segmentId=461cfe95-f454-6e0b-9f7b-0800950bef25&utm_us=JJIBAX&utm_eu=WWIBEAX&utm_ca=JJIBAZ&utm_as=FIBAZ&ft-content-uuid=fb3d6437-4efd-4e0c-b2f8-05210dc8faf3) [Purchase a Digital subscription for 6,64 € per week You will be billed 39 € per month after the trial ends](https://subs.ft.com/spa3_digital?ft-content-uuid=fb3d6437-4efd-4e0c-b2f8-05210dc8faf3) [Purchase a Trial subscription for 1 € for 4 weeks You will be billed 65 € per month after the trial ends](/signup?offerId=41218b9e-c8ae-c934-43ad-71b13fcb4465&ft-content-uuid=fb3d6437-4efd-4e0c-b2f8-05210dc8faf3)

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Image courtesy of "Voice of America"

Russia Tightens Grip on Media as Yandex Sells Homepage, News ... (Voice of America)

The all-share deal, in which Yandex will acquire 100% of food delivery service Delivery Club, marks a significant shift in Russia's internet landscape, ...

are best served by pursuing the strategic exit from its media businesses and shifting to a focus on other technologies and services," Yandex said in a statement. The company's entry point for search will now become ya.ru, a site that resembles Google's homepage and is already popular with those who prefer uncluttered searches. … This will enable us to do our business significantly depoliticized, practically completely depoliticized." Yandex has denied being complicit in censorship. Google accounts for about 36%, with VK's mail.ru at less than 1%. "The board and management of Yandex have concluded that the interests of the company's stakeholders …

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Image courtesy of "AccessWire"

Yandex Announces a Binding Agreement to Divest News and Zen ... (AccessWire)

MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / August 23, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian ...

The related News and Zen brands and technologies will be also transferred to VK. Yandex (NASDAQ:YNDX) and (MOEX:YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Yandex intends to maintain the Delivery Club brand. Upon the completion of the transaction, Yandex's current main application for Android will change its name to Yandex Start. The company will also launch a new application for Android called Yandex with Alice. As sole consideration for these assets, Yandex will acquire 100% of the food delivery service Delivery Club.

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Image courtesy of "TechCrunch"

Yandex's sale of media assets to VK includes yandex.ru site ... (TechCrunch)

Russian search giant Yandex has finalized the sale of its two flagship media properties to local rival VK, owner of the eponymous social network.

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Image courtesy of "Reuters"

Russia tightens grip on internet as Yandex sells assets to state-run VK (Reuters)

The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to ...

The profitable Zen and News divisions are positive for VK, while Yandex strengthens its position in foodtech with the likely loss-making Delivery Club, analysts said. Dmitry Masyuk, head of Yandex's foodtech division, said Delivery Club would improve speed and choice on its food delivery offering. are best served by pursuing the strategic exit from its media businesses and shifting to a focus on other technologies and services," Yandex said in a statement. The company's entry point for search will now become ya.ru, a site that resembles Google's homepage and is already popular with those who prefer uncluttered searches. Revenues and profits recovered in the second quarter, and while its Nasdaq-listed shares remain suspended, trading in its Moscow shares resumed after about a month. Search, advertising and ride-hailing are among Yandex's strongest revenue-generating businesses, but it has several other units, such as cloud services and self-driving cars. Yandex has denied being complicit in censorship. "This business had been such a weight on our feet. It plunged to a first-quarter loss and its shares tumbled to six-year lows before trading was suspended in late February. Google accounts for about 36%, with VK's mail.ru at less than 1%. [read more](/technology/russias-yandex-posts-45-increase-total-revenues-q2-2022-07-26/) Register now for FREE unlimited access to Reuters.com

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Image courtesy of "Bloomberg"

Russian Tech Giant Unloads News Business as Censorship Grows (Bloomberg)

Russian Tech Giant Unloads News Business as Censorship Grows · Yandex gets Delivery Club in exchange for news and blog units · News aggregator criticized for ...

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Image courtesy of "Radio Free Europe/ Radio Liberty"

Russian Internet Giant Yandex Sells Homepage, News To State ... (Radio Free Europe/ Radio Liberty)

Russia's Internet giant Yandex has announced the sale of its news aggregator and Yandex.ru homepage to state-controlled rival VK, the owner of the eponymous ...

sanctions that bar Iran from accessing the international financial system have reportedly also contributed to the increase in mining activities and the use of cryptocurrencies. Iran concluded the Joint Comprehensive Plan Of Action (JCPOA) in 2015 with the United States, France, Germany, Britain, Russia, and China. He has also was arrested, interrogated, and sentenced in 2018 on charges such as "acting against national security" and "collaborating with groups opposed to the regime." The plant -- Europe's largest -- has repeatedly come under fire in recent weeks, sparking fears of a nuclear disaster. [Live Briefing](https://www.rferl.org/a/ukraine-russia-crisis-crosshairs-live-briefing/31668477.html) gives you all of the latest developments on Russia's ongoing invasion, how Kyiv is fighting back, Western military aid, global reaction, and the plight of civilians. Mohammadi has been sentenced to a total of 21 years in prison. Embassy](https://ua.usembassy.gov/security-alert-u-s-embassy-kyiv-ukraine-6/) in Kyiv and a U.S. Vahedian and Mohammadi are among the 14 activists in Iran who have publicly called on Supreme Leader Ayatollah Ali Khamenei to resign. Borrell said in the TVE interview that Iran has asked for a few adjustments to the EU proposal, which has not been made public. Iran reached the Joint Comprehensive Plan of Action (JCPOA) in 2015 with the United States, France, Germany, Britain, Russia, and China. Some of those charged reportedly disappeared from Russia and were forcibly taken to the GBAO to face trial. He had been expected to leave jail on August 19 following his completion of a 15-day sentence for the same offense.

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Image courtesy of "The Guardian"

Russia's Yandex to sell off news service as state tightens grip on ... (The Guardian)

State-controlled social media platform VK to buy news and blogging services of country's largest internet firmRussia-Ukraine war: latest news.

Yandex’s government ties and its continued interests in the news segment had caused considerable turmoil inside the company. Yandex’s founder, Arkady Volozh, was placed under sanctions by the EU in June for his involvement in the company. “The board and management of Yandex have concluded that the interests of the company’s stakeholders …

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Image courtesy of "Broadband TV News"

Yandex to sell key media interests (Broadband TV News)

Russia's Yandex has agreed to sell its news aggregation platform and Zen infotainment service, as well as the main page where both services have been ...

The related News and Zen brands and technologies will be also transferred to VK. It is majority owned by Sogaz, whose main shareholder is Yury Kovalchuk. Russia’s Yandex has agreed to sell its news aggregation platform and Zen infotainment service, as well as the main page where both services have been located, to VK.

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