Tech company Yandex is selling Russian operations for $5 billion. It's a big discount
apnews.com
The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil.
  • yip-bonk@kbin.social
    262·
    8 months ago

    To Lukoil, of course.

    Not Gazprom, those wankers. Lukoil. Beacon of . . y’know . . freedom or some shit. When the state-managed privately-run petroleum conglomerate buys your country’s main search engine, you know it’s a bad day.

    • hydroptic@sopuli.xyz
      114·
      8 months ago

      Maybe chasing pots of gold by operating businesses in places where the law is a mere suggestion that can be overridden at the whim of a dictator isn’t such a great idea after all.

      Probably not the conclusion they’ll arrive at; the correct people already got rich off this bullshit.