Russia's Largest Tech Company Is Fleeing Moscow

Russia's Largest Tech Company Is Fleeing Moscow

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Russian tech giant Yandex has said it is reorganizing its operations, moving to cut its ties with Russia in a restructuring that solidifies government control over a company once seen as a bellwether for the country's digital economy. The announcement comes after months of internal turmoil, with executives departing, the sale of the two of the company's best-known products, and company shares hitting basement prices prior to being frozen on international stock exchanges. "These are exceptionally challenging times," John Boynton, chairman of Yandex's…

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