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Articles with tag "Yandex"
initial closing
Yandex NV Says Completed First Phase of Russian Divestment
The Netherlands-based parent company of the Yandex Group said it sold about 68% of its Russian assets in the initial transaction closing.
tech entrepreneur
EU Lifts Sanctions on Yandex Co-Founder Volozh
The billionaire had petitioned for sanctions relief after he became one of the few members of the Russian elite to criticize the war.
2 Min read
sanctions saga
Yandex Co-Founder Volozh to Be Relieved of EU Sanctions – Reuters
In August 2023, his lawyers petitioned the EU for sanctions relief after he became one of the few members of the Russian elite to criticize the war.
2 Min read
corporate split
Yandex NV Strikes $5.2Bln Deal With Russian Investors
The buyer, an investment fund called Consortium.First, includes Russian companies and investment funds that are not under Western sanctions.
2 Min read
'technical procedure'
Tech Giant Yandex Gets New Russian Owner Ahead of Restructuring
MKAO Yandex was registered last month in a Kaliningrad region offshore zone.
2 Min read
privacy concerns
Netherlands Probes Yandex Taxi App Over Fears of FSB Data Sharing – Bloomberg
Yango said it was in talks with the Dutch Data Protection Agency to show its adherence to Europe’s data protection rules.
1 Min read
change of mind
Russia Revises Yandex Partition Terms Over Founder’s Anti-War Stance – Reports
Russia’s commission on foreign investment cut Yandex N.V.’s payout to around $70-80 million, less than half the initial offer of $250 million.
2 Min read
opinion
Farida Rustamova
and
Maxim Tovkaylo
One Question for Arkady Volozh and Other Russian Billionaires
Who will deal with what is happening inside Russia? This is a question posed not only for Volozh to answer, but for all Russian businessmen.
5 Min read
breaking the silence
Yandex Co-Founder Arkady Volozh Condemns 'Barbaric' War in Ukraine
The sanctioned tech billionaire has spoken out nearly a year and a half after the Kremlin sent troops into Ukraine.
2 Min read
corporate transfer
Russian Tech Giant Yandex Seeks New ‘Middlemen’ Buyers for Kremlin Handover – Reports
The search follows a breakdown of Yandex’s Dutch-registered holding company’s previous talks to sell its revenue-generating businesses and fully exit...
2 Min read
against the law
Yandex General Director Accused of Violating ‘LGBT Propaganda’ Ban
The case against Artyom Savinovsky is linked to his ongoing work at streaming service Kinopoisk, which has been fined for violating the "LGBT propaganda"...
1 Min read
Data request
Russia Fines Tech Giant Yandex 2M Rubles
The company was found guilty of repeatedly refusing to hand over its user data to the Federal Security Service.
1 Min read
'consortium of billionaires'
Putin Signs Off on Sanctioned Tycoons’ Shared Yandex Stake – Reports
Russia’s richest man Vladimir Potanin, oil tycoon Vagit Alekperov, steel magnate Alexei Mordashov and VTB Bank will take on the majority stake.
2 Min read
legal battle
Amsterdam Court Rejects Sanctioned Yandex Founder’s Appeal Against Mansion Squatters
Arkady Volozh has been fighting to evict a group of squatters from his 3.4-million-euro mansion in central Amsterdam for months.
1 Min read
on the market
Russian Billionaires Line Up to Buy Yandex – Reports
Oil magnate Vagit Alekperov and steel tycoon Alexei Mordashov were shortlisted as Yandex’s likely buyers.
2 Min read
no trade
Nasdaq to Delist Russia’s Yandex, Other Tech Firms
Nasdaq said it has notified Yandex, Ozon, QIWI, HeadHunter and Cian of plans to delist their securities on March 24.
1 Min read
bucking the trend
Russian Tech Giant Yandex Sees 2022 Revenues Jump Despite Sanctions
Russian tech giant Yandex announced on Wednesday that its revenues climbed 46% last year following a corporate restructuring amid unprecedented Western...
2 Min read
cutting losses
Yandex Co-Founder Bids Farewell to Partitioned Russian Tech Giant
The co-founder of Yandex, Arkady Volozh, announced on Friday that he was leaving the Russian tech giant, addressing a farewell letter to the firm&rsquo...
new title
Kremlin Ally Kudrin Confirms Move to Tech Giant Yandex
Longtime Kremlin ally Alexei Kudrin confirmed Monday that he has accepted a role at tech giant Yandex as senior adviser. Kudrin, 62, a former finance minister...
high-profile reshuffle
Putin Ally Kudrin Steps Down from Audit Chamber
A longtime ally of Russian President Vladimir Putin, Alexei Kudrin, stepped down Tuesday as the head of the country's Audit Chamber amid reports he will...
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