Russian Search Giant Yandex Tells Investors It's Looking For a Media Exit

Russia's Internet giant Yandex has told investors it's exploring "strategic options" for its media products -- including a potential sale of its news aggregator, Yandex News, and a user-generated-content-recommendation and blogging "infotainment" platform, called Zen. From a report: The disclosure confirms our reporting earlier this week -- when sources told us Yandex is in discussions to sell Yandex News and Zen. Our sources suggested the move is linked to the risks posed by tighter regulations on freedom of expression by the Russian state since it went to war in Ukraine, including a new law which threatens lengthy jail sentences for anyone spreading "false" information about the Russian military (such as by referring to the "war" in Ukraine, rather than using the Kremlin's preferred phrasing of "special military operation").

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