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Search resuls for: "Volozh's"


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Putin's war in Ukraine may have killed off one of Russia's most promising tech companies. AdvertisementPutin's war in Ukraine has taken quite a toll on the country's most successful tech company. The Dutch-domiciled company owns Russia's most popular search engine, which is often referred to as "Russia's Google." AdvertisementIt was also one of the most promising Russian tech companies in terms of global expansion. The tech company has, however, come under increasing government scrutiny in recent years after Putin's invasion of Ukraine in February 2022.
Persons: , Arkady Volozh, Volozh, Yandex Organizations: Yandex, Service, Bloomberg, Google, Reuters, VK Locations: Ukraine, Russian, Israel, Russia
A Russian oligarch called on the EU to lift sanctions against him after condemning Putin's war. Arkady Volozh made the call days after calling the war "barbaric," the Financial Times reported. AdvertisementAdvertisementRussian oligarch Arkady Volozh will be the first to formally ask for sanctions to be lifted after condemning Vladimir Putin's invasion of Ukraine, a report says. It is regarded as the first test as to how the West will treat previously sanctioned oligarchs who have gone on to publicly denounce Putin's war. AdvertisementAdvertisementBillionaire industrialist Oleg Deripraska had his $1 billion Sochi complex seized after criticizing the invasion, the FT reported in December.
Persons: Arkady Volozh, Volozh's, Vladimir Putin's, Volozh, Putin's, Oleg Deripraska, Volozh didn't Organizations: EU, Financial Times, Union, BBC, Google, Kremlin Locations: EU, Ukraine, Russia, Europe, Amsterdam, Israel, Sochi
[1/2] The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Maksut Shadaev, the head of Russia's ministry of digital affairs, told parliament in December that around 100,000 IT specialists had left Russia in 2022. It is not yet clear whether Volozh's comments may have any bearing on how Russia decides to proceed with the company. One of the sources said "hawks" in state companies believed nothing at all should be paid to foreigners. Two sources said VTB had never been a serious option as a buyer, given sanctions on the state lender.
Persons: Yandex, Maksut Shadaev, Ramzan Kadyrov, Arkady Volozh, Andrei Kostin, VTB, Alexei Kudrin, Alexander Marrow, Polina Devitt, Mike Collett, White, Susan Fenton Organizations: REUTERS, nationalising Nasdaq, Reuters, Yandex NV, Yandex, U.S, Kremlin, Thomson Locations: Moscow, Russia, nationalising, Ukraine, Serbia, Yandex
A cofounder of Russian internet company Yandex has come out against his country's war in Ukraine. Arkady Volozh, a billionaire who now resides in Israel, had refrained from public criticism. Few Russians of such elite economic status have openly come out against the Ukraine War. In particular, the EU accused Volozh's company of promoting Russian state narratives in its search results, according to the BBC. In a statement on Thursday, Volozh said he is personally "horrified" by Russia's war in Ukraine and the plight of Ukrainians "whose houses are being bombed every day," the Financial Times reported.
Persons: Yandex, Arkady Volozh, Volozh's, Volozh, Vladimir Putin, Pavel Durov, Organizations: Russian, Service, European Union, BBC, Financial Times, Dubai — Locations: Ukraine, Israel, Wall, Silicon, Russian, EU, Dubai
A house in Amsterdam owned by sanctioned Russian oligarch Arkady Volozh was occupied by activists. Despite the Yandex billionaire's best efforts, a judge ruled that the squatters can stay. Volozh is not the first sanctioned oligarch to have his European property overtaken. Squatters moved into the five-story luxury house belonging to billionaire Arkady Volozh on October 27, according to Dutch newspaper De Telegraaf. This is far from the first protest action in the properties of high-profile sanctioned Russian figures.
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