[EricG]

Russia’s war hits Yandex, the ‘Google of Russia’

Yesterday Russian press reported that Yandex — a local giant often called the “Russian Google” — is in negotiations to sell its media division, with Russian social networking giant VK named as a potential buyer.

Sources familiar with the matter confirm to TechCrunch that discussions to sell the division — which includes Yandex News, a news aggregator, and Yandex Zen, a blogging platform linked to a recommender engine — are “in the last stages.” They were unable to confirm a timeline for the potential sale. Yandex declined to comment on the reports.