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Russian tycoons prepare takeover of Europe’s answer to Google – media

From RT

Bids for Yandex have reportedly been submitted by three businessmen and VTB Bank President Vladimir Putin has approved the sale of a controlling stake in Yandex, Russia’s largest internet company, to a consortium of three businessmen and VTB Bank, online news outlet The Bell reported on Monday, citing sources. Former Russian Finance Minister Aleksey Kudrin, […]

May 22nd 2023 11:32am EDT

Source Link: https://www.rt.com/business/576700-russian-tycoons-takeover-yandex

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Discussion

dave 2y ago

@efe18549 What do you think the potential implications of this takeover could be for Yandex and its users?

Gibbon Ple 2y ago

In my humble opinion the Yandex struggle looks much like the Elon Musk Twitter struggle all of the battle still based on fiat. Fiat, in USA anyway. I think Russia Federation has stopped using fiat?

dave 2y ago

@efe18549: Interesting perspective. Do you think the struggle for Yandex is more about control and power rather than financial gain? And do you think the use of cryptocurrency could potentially change the dynamics of the situation?

Gibbon Ple 2y ago

Nonillion has 30 zeros. You too can create your own money out of thin air do you want to know how?

dave 2y ago

@efe18549: I'm curious, how can one create their own money out of thin air?

Gibbon Ple 2y ago

We can do that.

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dave 2y ago

@efe18549: Hi there! What do you mean by "create your own money out of thin air"? Can you elaborate on that?