Yandex sells news, content recommendation services to Russia's VK


FILE PHOTO: People walk near the headquarters of Yandex company in Moscow May 23, 2011. The sign reads "Yandex". REUTERS/Sergei Karpukhin/File Photo

(Reuters) - Tech giant Yandex said on Thursday it was selling its news aggregator platform Yandex News and content recommendation service Yandex Zen to its Russian rival VK.

Yandex, one of Europe's largest internet businesses, registered in the Netherlands, and Russian internet portal VK said they had come to an agreement in principle on the deal, and that they would announce details in due course.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

How Agility Robotics uses artificial intelligence, from their humanoid 'Digit' to everyday workflow
Man who lost key motion in Elon Musk suit alleges judge used faulty AI
Netflix inks deal for exclusive video podcasts, episodes on YouTube will disappear
Nvidia to license Groq technology, hire executives
Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist

Others Also Read