Key Sentence:
- Billionaire Arkady Volozh, founder and CEO of Russian search engine Yandex.
- Plans to challenge last week’s Moscow Court of Arbitration ruling.
That prevented Yandex from Prohibiting Results displaying results for the term “smart vote” following complaints from the Russian Federation.
The term in question Prohibiting Results “smart voting” – is part of an effort by the Russian opposition formed around the once poisoned. Now jailed Alexei Navalny to contest a possible victory for Putin’s United Russia party in planned State Duma elections. 19.09.
A Moscow court this week agreed that the Russian Federation has “exclusive rights” to the term “smart voice. That Yandex’s continued failure to display search results may only result in “confiscation of funds … or other property.” Accused and detained by him or others. Still, the government’s control over search terms attempts to limit more comprehensive online conversation before the upcoming election.
Still, after the ban, a Yandex spokesperson told Forbes. “We disagree with the court’s decision and plan to oppose it. added. “It’s not very clear from the docs what exactly we need to do and how we can do it.”
Putin’s power
The ban follows restrictions on several YouTube channels linked to Navalny in Russia and puts the social platform precarious on election night.
The Russian Federation has successfully claimed that it has “exclusive rights” to the “Smart Voting” brand. That Yandex should be prohibited from using the term “Smart Voting” as a search term when indexing websites. However, the idea that the government owns the rights to a set of words would not be necessary for the United States or some Western European countries.
Volozh started the company in 1997 and remained the sole shareholder and most prominent CEO. Forbes estimates his net worth at $2.8 billion.
The history of the national railway with its wealthy business class depends on the tech entrepreneurs in Russia. The first generation of Russian billionaire entrepreneurs rose under Putin’s predecessor Boris Yeltsin, only to be robbed of their fortune in the years that followed.