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From Yandex to RT: Russia expands presence in Serbia amid Ukraine war

September 13, 2022

The lavishly decorated main entrance of Serbia’s baroque-style parliament building was barely visible behind a sea of protest tents and a makeshift stage adorned with billboards. One of them featured the face of Russian Foreign Minister Sergei Lavrov alongside the caption “the world’s greatest diplomat.” “We are the same people,” one of the protesters, a smiling …

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How the war in Ukraine led Yandex into a trap

August 5, 2022

All Russian businesses have been affected by the fallout from the war and Western sanctions, but “perhaps the most dramatic events have unfolded at Yandex,” writes TheBell, a respected Russian online publication, in its English edition. While founder Arkady Volozh and head Tigran Khudaverdyan were sanctioned by the European Union, “compromises with the authorities have …

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Russian court fines Google $260,000 for breaching data rules

June 20, 2022

A Moscow court on Thursday said it had fined Alphabet’s Google 15 million roubles ($260,000) for repeatedly failing to comply with a Russian law requiring technology companies to localise user data. Russia has issued multiple fines to foreign technology companies in recent years over a range of infringements, in what critics say is Moscow’s attempt …

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Toxic assets: How Yandex became part of Russia’s censorship machine

June 5, 2022

In late April, Russian Internet giant Yandex announced it was selling its news service, Yandex.News, and its personal recommendations service, Yandex.Zen, to VK Company, which is controlled by the Kremlin. Since Russia’s invasion of Ukraine began, these products (just like Yandex overall) have faced a barrage of criticism for misleading millions of users by withholding credible information …

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Will Yandex sell its news and infotainment services?

April 20, 2022

In mid-March Yandex, the Russian online search giant — also running a variety of other digital services — announced it intended to sell its news aggregation service and infotainment platform ‘Zen.’ The move was possibly linked to the government’s crackdown on free expression. Amid the war on Ukraine, a new law had banned what the authorities consider to be “false” …

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Russian search engines remove “extremist” Instagram, Facebook, independent media results

April 19, 2022

Two of Russia’s largest search engines have removed results for Facebook, Instagram and several independent news websites after authorities blocked or declared them “extremist.” Meduza, Mediazona, Deutsche Welle, Current Time, Kholod, The Insider and other news outlets that have been providing independent coverage of Russia’s invasion of Ukraine were also removed from search results. Yandex …

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Caught between Russia’s censorship and West’s sanctions, Yandex seeks to sell assets

March 21, 2022

Yandex, the Russian online search giant — also running a variety of other digital services — is exploring different “strategic options, including disvestment, for its news aggregation service and infotainment platform Zen.” The company stated Friday it intended to “focus on developing its other technology-related businesses and products (including search, advertising, self-driving and cloud) and transactional services (including ride-hailing, e-commerce, …

Caught between Russia’s censorship and West’s sanctions, Yandex seeks to sell assets Read More

Yandex top executive quits after surprise EU sanctions

March 19, 2022

The head of Russia’s top technology firm Yandex quit late Tuesday after being slapped with EU sanctions in response to Moscow’s invasion of Ukraine. Brussels hit Yandex executive director and deputy CEO Tigran Khudaverdyan with an asset freeze and travel ban earlier in the day, citing the firm’s role in “hiding information” from the Russian …

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After Nasdaq stock suspension, Yandex could default on $1.25 billion convertible notes

March 5, 2022

Yandex, arguably the most successful and emblematic Russian digital company over the past 25 years, could default in a matter of days. The company warned about this risk today even though none of its entities, main shareholders, directors or managers have been targeted by western sanctions.  The threat originates in the fact that, this past Monday, the …

After Nasdaq stock suspension, Yandex could default on $1.25 billion convertible notes Read More

Yandex eyes $6.5 billion revenue in 2022, sharp e-commerce growth

February 18, 2022

Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the …

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A Google doodle for the Russian State Historical Museum

February 9, 2022

Today’s Google doodle is an image of the Russian State Historical Museum, one of Russia’s oldest and most revered collections of Russian culture and history. It commemorates the museum’s 150th anniversary celebrated on Wednesday.   The doodle was created by Russian-guest artist and Muscovite Toma Vagner. “I would like my doodle to serve as a reminder of this beautiful …

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