Liz Gannes

Recent Posts by Liz Gannes

Russian Search Engine Yandex Files for IPO

As expected, Yandex, the so-called Google of Russia, has filed to go public on NASDAQ. The search company hopes to raise $1 billion, and reported $143 million in net income last year based on revenues of $440 million, almost exclusively from advertising. It had previously planned to go public in 2008.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald