Yandex fined for denying sharing user data with security services in Russia.

(Reuters) – A Moscow court has fined Nasdaq-listed Yandex 2 million roubles ($24,242) for repeatedly refusing to provide the Federal Security Service, or FSB, with information about its users, according to Russia’s state TASS news agency.

Since Moscow invaded Ukraine in February 2022, the search engine Yandex has faced a challenging balancing act between domestic pressure and the interests of its Western investors. As a result, it is now divesting its main revenue-generating businesses within Russia and focusing on the development of four newer units internationally.

($1 = 82.5000 roubles)

(Reporting by Lidia Kelly in Melbourne; editing by Diane Craft)

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