This is stated in the joint statement of the companies.
The parameters of the transaction are not specified at the moment.
The transaction will have to be approved by the Federal Antimonopoly Service (FAS).
FAS told Interfax that «no petition has yet been received from VK.»
It found out at the end of March 2022 that Yandex intends to sell these assets.
The Yandex.News aggregator was launched in 2000. During the periods of exacerbation of the political situation, the website was repeatedly criticized for creating an incorrect, according to some users, one-sided image of the day. Yandex has traditionally responded to this criticism by stating that algorithms are responsible for shaping the news agenda and that there is no political interference in their work.
«Yandex.Zen», created in 2015, acts as a personal entertainment and information content channel that is created based on the interests of users.
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