Last week Yandex, the NASDAQ-listed Russian Internet giant, announced its unaudited financial results for Q4 and FY 2019. Consolidated yearly revenues grew 37% from 2018, reaching 175.4 billion rubles ($2.83 billion). Yandex’s adjusted net income increased by a more modest 6% to 23.5 billion rubles ($380.3 million). These results are below what analysts had pencilled in, …
Since we started our search engine in 1997, we’ve sought to connect people with the information most relevant to them. Over the years, we’ve updated Yandex Search with smart features and more informative results, making it as easy as possible for our users to navigate the mass of information that is the internet. Today, we’re …
Yandex introduces Vega, its latest intelligent search update Read More
Yandex, the NASDAQ-listed Russian Internet leader, is planning a major overhaul of its governance structure, answering a long-standing government pressure over its governance and ownership. Under the plans announced yesterday, Yandex will create a new “Public Interest Foundation” which will control Yandex’s so-called golden share, providing veto power over significant ownership transactions. Since 2009, this golden …
Shares in Russian tech giant Yandex have plummeted after reports the Kremlin is backing plans to limit the stakes of foreign owners in Russian “online information resources.” Yandex shares fell by 17% in the first minutes of trading on the Nasdaq exchange in New York on Friday, wiping more than $1 billion from the company’s …
Yandex shares plummet as Russia considers limits on foreign ownership Read More
Roskomnadzor, the Russian Internet and telecom regulator, has submitted an administrative protocol citing Google for censoring its search results in Russia insufficiently. The news agency Interfax cited Roskomnadzor as saying that its most recent test of the search engine in May indicated that “more than a third of the links included in the unified registry …
Russian censor cites Google for including banned content in search results Read More
Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018, deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters. The malware, called Regin, is known to be used by the “Five Eyes” intelligence-sharing alliance of …
Reuters: Western intelligence hacked Yandex to spy on accounts Read More
Yandex, the NADSDAQ-listed Russian search giant, has acquired online Q&A service TheQuestion with a plan to merge it with an analog in-house service. Neither the amount nor other details of the transaction have been disclosed. Founded in 2014 by Russian journalist Tonya Samsonova, TheQuestion attracted equity funding from individual investors in 2016. The service has generated …
Five year after Russia took control of the peninsula, the sovereignty dispute between Russia and Ukraine over Crimea is still sensitive for online service providers. Thus, in an effort to comply with local laws regarding the depiction of international borders, Google has just “corrected an error that caused a small number of Russian iOS users” to …
In March 2018, the users or Yandex, Russia’s most popular search engine, noticed a peculiar feature: if you typed “govno” – Russian for “sh*t” – in the Yandex.Maps search (who does that?!) the first address Yandex gives you is Moscow, Balchug Street, 7 – the headquarters of Google Inc. in Russia. Hours later Yandex explained …
Facebook and Google’s Russian rivals: Why are they winning? Read More
This past Friday Yandex, the NASDAQ-listed Russian search company, announced its unaudited financial results for Q4 2018 and FY 2018. The last quarter of the year saw the company’s revenues reach 38.8 billion rubles ($559.1 million), up 39% from Q4 2017, while its adjusted net income jumped to 6.9 billion rubles ($100 million), up 32% …
Google has “established a constructive dialogue” with Roskomnadzor, the Russian telecom and Internet regulator, to delete from search results websites that are banned in Russia, the Russian media reported, citing the Roskomnadzor press office. While refusing to connect to Federal State Information System (FGIS), Roskomnadzor’s registry of banned sites, the US company began deleting blacklisted links …
Google agrees with Russian authorities to filter censored content Read More
Since late 2017, OppenheimerFunds, a family of major investment funds, has invested again in NASDAQ-listed Yandex, according to the latest filing submitted to the US Securities and Exchange Commission. The US investment firm reportedly boosted its stake in the Russian company from 1.8% to 6.41% or 18.365 million shares as of December 31, 2018. Yandex stock is …
Giant US investment firm OppenheimerFunds invested again in Yandex in 2017 and 2018 Read More
