Yandex's $5 Billion Exit: Severing Ties with Russia
TL;DR Summary
Yandex's parent company is selling off its Russian assets due to the impact of sanctions, while Everbridge is going private for $1.5 billion. Crypto price movements have stabilized following the launch of bitcoin spot ETFs, and startup news includes Wonder Ventures' new funds, Naboo raising $8 million, and ProducePay securing $38 million to address food waste.
- Yandex takes a big hit to get rid of Russian assets TechCrunch
- Yandex owner to exit Russia in $5.2 billion deal Reuters
- The owners of Russia's tech pioneer Yandex are selling — at a big, Kremlin-required discount The Associated Press
- Yandex Owner to Sever Ties to Russia With $5.2 Billion Sale The Wall Street Journal
- Yandex Reaches $5 Billion Deal to Exit Russia The New York Times
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