"The majority of its stock is held by Western or global institutions and its headquarters is in the Netherlands, but neither fact has been enough to keep it from having to bend to Kremlin demands that it block search results for opposition leader Alexei Navalny or censor news about the war in Ukraine. Yandex’s slow collapse, detailed here for the first time, shows how even the most advanced companies couldn’t be safe with their core operations in Russia, underscoring why entrepreneurs and investors predict that it will be years, if not decades, before they’ll be willing to reengage there again.

Yandex now must block access to more and more sites as they are banned by the government. And its news aggregation site, the country’s most popular, carries fewer than a third of the outlets it offered before the law that required all of them to be licensed".