Yandex’s restructuring and the future of Kremlin tech control
After a year and a half of negotiations, Yandex founder Arkady Volozh and the company’s foreign shareholders have reached a deal to part ways with Yandex’s Russian assets. The Russian IT giant’s Netherlands-based parent company announced Monday, February 5, that it will sell a large portion of its operations to a consortium of Russian investors before rebranding and continuing to develop its remaining international properties.
Yandex’s restructuring has been underway for more than a year. Meduza has reported together with the news outlet The Bell on the backroom negotiations that have been underway to ensure that Yandex’s core Russian assets pass to Kremlin-approved hands, and now we’re finally there. The Naked Pravda spoke to Meduza journalist Svetlana Reiter about the ins and outs of the deal.
Timestamps for this episode:
- (2:16) Review of recent news
- (5:38) Meet Yandex’s new owners
- (10:18) The future of Yandex
- (18:56) Yandex International
New episodes of The Naked Pravda are released at the end of every week. Catch each show by subscribing through Apple Podcasts, Spotify, Google Podcasts, or one of these other platforms. If you have a question or comment about the podcast, please write to Kevin Rothrock at [email protected] with the subject line: “The Naked Pravda.”
Sound editing by Kevin Rothrock.
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