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    Yandex nixes IPO, which sucks for that Yahoo it just hired

    The 5 countries where the locals won't let Google win

    read more: #search, #yandex, #google, #ipo, #russia, #sergeybrin, #valleywag

    Sergey Brin wants to milk Mother Russia

    One place Google is losing the battle for Web search market share is in Russia, the ancestral homeland of Google founder Sergey Brin. The company has developed better Russian word and language processing, but still trails Yandex, which is planning an IPO on an estimated company value of $3 billion. Why doesn't Brin just embrace his inner oligarch and buy Yandex? That seems easier.


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