Podcast: How Russia's everything company works with the Kremlin
Russia's biggest technology company enjoys a level of dominance that is unparalleled by any one of its Western counterparts. Think Google mixed with equal parts Amazon, Spotify and Uber and you're getting close to the sprawling empire that is Yandex--a single, mega-corporation with its hands in everything from search to ecommerce to driverless cars. But being the crown jewel of Russia's silicon valley has its drawbacks. The country's government sees the internet as contested territory amid ever-present tensions with US and other Western interests. As such, it wants influence over how Yandex uses its massive trove of data on Russian citizens. Foreign investors, meanwhile, are more interested in how that data can be turned into growth and profit. For the September/October issue of MIT Technology Review, Moscow-based journalist Evan Gershkovich explains how Yandex's ability to walk a highwire between the Kremlin and Wall Street could potentially serve as a kind of template for Big Tech.
Sep-30-2020, 22:20:06 GMT
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