Russia Internet Pioneer Arkady Volozh Hit by EU Sanctions for Being Kremlin Ally – Bloomberg

Bloomberg News

European Union sanctions on the founder and former head of Russia’s most popular Internet search engine show how an increasing number of Russian businessmen are facing measures that aim to punish the Kremlin for the invasion of Ukraine.

Arkady Volozh promptly resigned from the board and as chief executive officer of Yandex NV after being sanctioned on Friday by the bloc, which said the company omitted content critical of the Russian government from its search results.

The EU said Volozh backed the Kremlin and “is responsible for supporting actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine.”

Volozh, 58, is a rare example of a Russian businessman who built a company with international ambitions that isn’t tied to natural resources or state structures. He started in business importing computers in the 1980s and created Yandex, which stands for “yet another indexer,” with his high school friend Ilya…

Read Full Story: https://www.bloomberg.com/news/articles/2022-06-06/the-internet-pioneer-brought-low-as-kremlin-ally-by-eu-sanctions

The post Russia Internet Pioneer Arkady Volozh Hit by EU Sanctions for Being Kremlin Ally – Bloomberg first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/06/06/russia-internet-pioneer-arkady-volozh-hit-by-eu-sanctions-for-being-kremlin-ally-bloomberg_2022060621187.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.